U.S. House expected to pass bill to hike debt ceiling, avert default

FILE PHOTO: A U.S. flag flies
outside of the Capitol dome in Washington

WASHINGTON (Reuters) - The Democratic-controlled U.S. House of Representatives is expected on Tuesday to give final approval to a Senate-passed bill temporarily raising the government's borrowing limit to $28.9 trillion, putting off the risk of default until early December.

Democrats, who control the House by a mere four-vote margin, were expected to maintain party discipline and pass the hard-fought, $480 billion debt limit increase https://www.reuters.com/world/us/us-senate-democrats-republicans-haggle-over-short-term-debt-fix-2021-10-07, only to face another deadline within weeks for avoiding both a historic debt default and a temporary government shutdown.

The Senate's vote last week to raise the limit https://www.reuters.com/world/us/congress-confronts-us-debt-ceiling-drama-again-2021-09-22 - often a routine step - turned into a partisan brawl https://www.reuters.com/business/standing-precipice-washington-courts-debt-limit-catastrophe-2021-09-29, with Republicans trying to link the measure to President Joe Biden's goal of passing a multitrillion-dollar pair of bills with spending to bolster infrastructure and social services while fighting climate change.

By Richard Cowan.

Full story at Yahoo News.