Senate passes debt ceiling bill, sending measure to Biden
The legislation now goes to President Biden's desk, pulling the nation back from the brink of a financial crisis.
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The legislation now goes to President Biden's desk, pulling the nation back from the brink of a financial crisis.
A majority of Democrats and a majority of Republicans voted in favor of the Fiscal Responsibility Act.
After days of intense negotiations and weeks of talks, an agreement in principle has been reached to raise the debt ceiling.
Everything from the stock market to Social Security payments could be jolted if the U.S. defaults on its obligations.
Even a short default could wipe out more than a million jobs, especially in parts of the U.S. that depend on federal spending.
If Congress doesn't have a deal to raise the debt ceiling by June 1, your investments could be at risk.
WBZ-TV's Courtney Cole reports.
WBZ TV's Courtney Cole reports.
If Congress can't come to an agreement by June 1, the country will default and not be able to pay its' debts.
If Congress can't come to an agreement by June 1, the country will default and not be able to pay its' debts. WBZ-TV's Mike Sullivan reports.
"No one should assume that the Fed can… really protect the economy and the financial system, and our reputation globally, from the damage such an event might inflict," Federal Reserve Chairman Jerome Powell said.
Massachusetts Congressman Jim McGovern said House Speaker Kevin McCarthy's "playing games" with the debt ceiling "represents an all-time high in recklessness and stupidity."
Massachusetts Congressman Stephen Lynch believes lawmakers can cross the aisle to find a solution.
We hear about it every day, but do you know what it is and how it affects you?
Grover is the ultimate in single interest constituencies in Washington. He is not accountable to anybody. He does not disclose who funds him, who pays him to do what he does or how much he is paid to blackmail GOP Members of Congress to sign his pledge not to raise taxes.
One word comes to mind as I watch these inept egomaniacs drive us off the road: help!
Mitt Romney says the nation's credit problem arose because President Barack Obama has failed to show leadership on the economy.
Now that federal lawmakers have finally hammered out a deal to raise the nation's debt ceiling, what does this mean for taxpayers here in Massachusetts?
Jay Gonzalez, the state's budget chief says he is relieved with the action taken in Washington, but uncertain about what is ahead.
In relation to the trillion dollar estimates made by both the Senate and the House,what was the longshot figure that the stock market lost over the past week? My feeling is that the trillions lost in the market exceeded the trillions that the Senate and House were squabbling about. - Stan
The bill is expected to pass, but the debt debate is far from over.
Gridlock, chaos, and 11th hour can-kicking? Of course that's what we're getting. That's exactly what we ordered.
We've Reached A Fork In The Road
The Massachusetts' congressional delegation is protesting a warning from a major credit rating agency that they might downgrade the credit ratings of several municipalities in the state. Moody's Investors Service announced it would review the possible downgrade of U.S. municipalities and other institutions due to the indirect effects of the possible downgrade of federal government bonds because of the ongoing impasse over the federal debt limit. Moody's has listed 162 local governments in 31 states.
Mayors from across Massachusetts are calling upon national lawmakers to reach a deal in the debt ceiling talks.
A Boston City Councilor wants assurances that a depleted community center in Allston will be replaced.
An investigation is underway after police said an employee at Silver Lake Regional High School in Kingston was allegedly seen on a TikTok video "appearing to have a sexualized conversation with a social media streamer" that was posing as a 15-year-old girl.
A 2-run first inning home run by former Cardinal Willson Contreras helped the Red Sox get off to a quick start, and Boston won a second straight game in St. Louis.
New Hampshire State Police say a 25-year-old man appears to have accidentally fallen off a bridge and into the Merrimack River, where he died.
Boston Fleet sold out their game at TD Garden on Saturday, and fans were thrilled to see the team face off against the Montreal Victoire.
An investigation is underway after police said an employee at Silver Lake Regional High School in Kingston was allegedly seen on a TikTok video "appearing to have a sexualized conversation with a social media streamer" that was posing as a 15-year-old girl.
A Boston City Councilor wants assurances that a depleted community center in Allston will be replaced.
New Hampshire State Police say a 25-year-old man appears to have accidentally fallen off a bridge and into the Merrimack River, where he died.
Boston Fleet sold out their game at TD Garden on Saturday, and fans were thrilled to see the team face off against the Montreal Victoire.
The mother of a special needs man who was attacked by teens in Danvers, Massachusetts in 2024 is "absolutely furious" after her son's attackers were only given parole.
The Lone Star tick, which can cause alpha-gal syndrome, is spreading north throughout Massachusetts.
Boston's cold and snowy winter might have an effect on this year's pollen allergy season.
HHS Secretary RFK Jr. wants the popular coffee chains to prove their surgery drinks are safe for teens and suggested the Trump administration could place limits on your cup of coffee.
Two Massachusetts residents have been diagnosed with measles, the Department of Public Health confirmed Friday.
There's a new drug that can help early morning shift workers stay awake and alert, a study out of Boston found.
A family is demanding answers from the Gloucester, Massachusetts school district, after learning their five-year-old son was left alone in a quiet room for nearly half an hour.
A nurse says the decision is leaving the staff and patients at Tewksbury Hospital vulnerable to serious injury.
A Dorchester woman says Boston Police opened fire through her closed apartment door and the bullets went into her 5-year-old son's bedroom.
The I-Team has learned the Massachusetts Dept. of Health wants to take away pepper spray and non-lethal restraints from Tewksbury State Hospital safety officers.
Frankie Rodenbaugh died just days after his babysitter allegedly left him in a car, strapped in his seat for hours with no food or water.
Both the Trump and Healey administrations are using government websites to blame each other for the shutdown.
Which party stands to take more of the blame from voters for the government shutdown? Here's what a new poll says.
A UNH Survey Center/Granite State poll shows John Sununu crushing Scott Brown by 23 points among likely primary voters in New Hampshire.
Seth Moulton said he's running against Sen. Ed Markey because "our party leaders are clinging to that old playbook."
Maine Governor Janet Mills' run for Senate comes with an unusual promise - she will only serve one six-year term.
The bill would ban single-use plastic bags and implement a 10-cent fee for paper bags at Massachusetts stores.
Easter is today. Stores like Market Basket, Big Y and Stop & Shop have shared whether they'll be open or closed for the holiday.
Clover Food Lab, a vegetarian restaurant chain in the Boston area, has let the state know it may have to lay off 182 workers.
The James Beard Awards announced their 2026 finalists. Here are the New England restaurants and chefs up for honors.
Free Jordan's Furniture is one round away thanks to UConn's success in March Madness.
Just steps from the water's edge along Lake Winnipesaukee, a spectacular estate mixes modern architecture with breathtaking views.
An innovative craft winery located in downtown Meredith, New Hampshire, Hermit Woods is taking a different approach to winemaking.
Located on the water's edge along New Hampshire's Lake Winnipesaukee, Mill Falls blends elegant luxury with spectacular vistas.
Kohler Store by Supply New England and an interior designer showcases how beauty and functionality can breathe new life into a project.
James Beard-nominated pastry chef and co-founder of Bakey in Boston gives insight on how to make his world-famous babka.
A 2-run first inning home run by former Cardinal Willson Contreras helped the Red Sox get off to a quick start, and Boston won a second straight game in St. Louis.
Boston Fleet sold out their game at TD Garden on Saturday, and fans were thrilled to see the team face off against the Montreal Victoire.
Willson Contreras drove in three runs against his former team, Ranger Suárez pitched six scoreless innings and the Boston Red Sox set a season high for runs with a 7-1 win over the St. Louis Cardinals on Saturday night.
Deprived of the chance to win and get in, Boston clinched hours later when Detroit lost in regulation to New Jersey and the Red Wings were eliminated from contention.
The Red Sox fell to the St. Louis Cardinals on Friday in the opening game of a 3-game series.
The Rumney Rocks Climbing Area is partially closed as nesting peregrine falcons could attack rock climbers.
A Cape Air plane had to return to Nantucket, Massachusetts after part of a door opened up mid-flight.
Hot dogs and fries at Fenway Park just got an upgrade. Boston Red Sox fans can now have lobster on their ballpark favorites.
A small restaurant and convenience store on Nantucket, Massachusetts keeps selling big lottery winners.
Ziggy the dog showed his appreciation for the New Hampshire firefighter who saved his life after a freak accident.