Congressional Update: Debt Limit Crisis and Reconciliation Plans. Both the U.S. Senate and U.S. House of Representatives were officially out this week, but the U.S..
House on October 12, 2021, passed a $480 billion increase in the debt limit to narrowly avoid a first-ever default on the nation’s debts. Speaker Nancy Pelosi D-CA issued a dear colleagueletter outlining path forward for Build Back Better Act; human infrastructure bill the Democrats are pursuing