The standoff between Republicans and Democrats could hit the pockets of millions of Americans.
Also in danger would be Social Security payments for 50 million retirees and six million who get survivors' benefits.
"The public health system, which has enabled this country to react to a global pandemic, would be unable to adequately function," it said.Joe Biden Says Dems May Sidestep Filibuster, in New Clash With Joe Manchin The non-profit Center on Budget and Policy Priorities said that a lengthy delay limiting the government's ability to borrow money could mean that SNAP payments face severe reductions and delays, hurting those who are struggling to put food on the table,
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Effort to raise debt limit resets after Senate GOP blocks weeks from defaultHouse Democrats are continuing efforts to raise the debt ceiling in order to avoid the U.S. from defaulting on the national debt.
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Big bank bosses and the AARP join Biden's push to raise the debt ceiling with 12 days before deadlinePresident Joe Biden will on Wednesday escalate his call for Congress to address the debt limit in a meeting with Wall Street's top CEOs.
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Pentagon Warns Failing To Raise Debt Ceiling Could Harm National SecurityBiden has spent weeks warning about dire economic consequences if Congress fails to approve more federal borrowing before the government runs out of money on Oct. 18.
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Factbox: How could U.S. Senate Democrats raise the debt limit on their own?The U.S. Congress has about two weeks to raise the federal government's $28.4 trillion debt ceiling or cause a historic default that would take a heavy toll on the economy.
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Congress faces 3 major economic deadlines before the year ends: Debt limit, infrastructure and government fundingLawmakers aim to raise the debt ceiling and pass both pieces of Biden's economic agenda this month, then avoid a shutdown by December.
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