The House on Tuesday evening approved a short-term increase in the nation’s debt ceiling, allowing the government to pay its bills until at least early December. The legislation now goes to President Biden, who is expected to sign it.
While the agreement avoided a catastrophic default this month that could have threatened federal employee paychecks, the same potential crisis will resurface when the debt limit is reached again late this year or early next year.
Separately, the continuing resolution now keeping the federal government open will expire Dec. 3, which means Congress will have two major deadlines in close proximity. NTEU will continue to urge lawmakers to reach long term solutions that maintain the full faith and credit of the United States, and provide federal agencies with adequate resources for the remainder of the 2022 fiscal year.