Lawmakers are outraged after reports that federal COVID-relief tax dollars may have gone to wealthy hospitals while avoiding helping out poor hospitals in recovering from the pandemic.
Congressional Democrats warned on Thursday that a refusal by Republicans to raise the debt limit would imperil retirement benefits for millions of Americans, while raising interest rates even higher.
The U.S. can't legally default on its debt, but a failure by Congress to raise the cap on how much the federal government can borrow could spark a funding crisis for major programs.