DENVER (KDVR) — Congress has about a month to come up with a plan for the country’s debt before a potential default. Treasury Secretary Janet Yellen notified lawmakers on Monday that a default could happen as early as June 1 if legislators do not raise or suspend the nation’s borrowing authority before then.
U.S. Rep. Ken Buck voted against House Republicans’ plan to cut spending while raising the debt ceiling. The Front Range Republican argues the measure “does not do enough to rein in the federal government’s reckless spending.”
The measure was narrowly approved in the House of Representatives as Democratic and Republican leaders prepare to sit down with President Joe Biden about the debt ceiling next…
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