Senate Majority Leader Mitch McConnell insists he can wrap up the trade bill this week.
Twelve Republicans voted for a procedural motion after a lengthy delay.
Chambliss, Hatch, Ayotte, Burr among those saying they'll vote no.
Hoyer says it is possible the vote will fail for lack of GOP support.
In light of the last-minute decisions by House Republicans, today's House schedule has radically...
The business group says raising the limit would help the economy grow.
Boehner is still looking for a sweetener on the debt-ceiling bill.
Leaders have concluded that they cannot pass an increase without help from Democrats.
He said there were “a lot of opinions about how to deal with the debt limit."
Debt-limit drama will officially hit Capitol Hill on Friday when the nation’s $16.7 trillion...
His comments indicate party leaders want to avoid a confrontation that could risk default.
McConnell said Republicans should oppose an increase without a debt-reduction measure.
The conservative leader said the debt-limit vote was "defining."
But Jay Carney refused to say whether debt fights with GOP are a thing of the past.
The bill was narrowly approved in a 221-201 vote, largely on the backs of Democrats.
GOP leaders determined overnight that they did not have the votes to pass their bill.
Some conservatives predict the bill will not have the votes on Wednesday.
Carney stood by the administration's longstanding position on the debt ceiling.
Credit raters are split on whether the nation’s debt limit poses a threat to the U.S. credit rating.
Washington’s repeated rounds of debt limit drama are “not a characteristic typical” of a AAA rating...
Democrats on the House Ways and Means Committee urged Speaker John Boehner on Monday to raise the...
Lew told reporters the government will run out of borrowing authority by Feb. 7.
Republican leaders have yet to figure out what they want to get out of the debt limit fight.
Jay Carney said the White House isn't expecting the GOP to seek concessions.