UPDATE: The House voted to suspend the debt ceiling until 2015. Passage in the Senate is likely. (February 11, at 5:38 p.m.) The U.S. once again is coming perilously close to defaulting on its debt--a ...
Democratic Majority Leader Chuck Schumer praised the Senate for voting to pass a bill that would extend the debt ceiling for two years. Schumer said in a press conference, "We've saved the country ...