House returns to stave off default with debt-limit vote

Members of the House are scrambling to Washington to walk a short-term assistance of the nation’s indebtedness limit.

The ballot Tuesday volition guarantee the national authorities tin proceed afloat paying its bills into December.

House Democrats are expected to person capable votes connected their ain to guarantee that President Joe Biden tin motion the measure into instrumentality this week.

A default would person had immense fallout connected planetary fiscal markets, and regular authorities payments to Social Security beneficiaries, disabled veterans and others would person been called into question.

But the alleviation provided by the bill’s transition volition lone beryllium temporary, forcing Congress to revisit the contented successful December.