This week: Congress returns as debt ceiling clock starts ticking

The House and Senate are set to reconvene this week after the U.S. hit its debt ceiling last week, setting off a roughly six-month sprint for Congress to either raise the borrowing limit or risk economic catastrophe. But there’s no clear path for a debt limit deal, with Republicans on Capitol Hill pushing for spending cuts and the White House insisting on a no-strings-attached increase. to prevent the U.S. from defaulting on its debt, which... + full article