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The Senate on Tuesday approved a bill aimed at pushing China to let its yuan currency rise in value in the hope of saving American jobs, sending it to the House of Representatives where its fate is uncertain.
U.S. legislation to press China to revalue its currency narrowly cleared a Senate procedural vote before a formal vote later on Thursday but it faced stronger opposition in the House of Representatives.
Republicans in the House of Representatives regrouped on Friday to approve a must-pass spending bill, but the prospect of a government shutdown loomed as Democrats said it would go nowhere in the Senate.
Rival Democratic and Republican plans to raise the government's borrowing ability have thrust Congress into a standoff just one week away from a potentially devastating debt crisis.
The Senate on Friday voted along party lines against the proposal to cut spending and raise the debt limit. President Obama pressed for compromise during a town hall meeting.
The Senate majority leader says budget reductions must be accompanied by tax reform. He predicts that negotiations on the nation's debt limit will drag until the 11th hour. Senate Majority Leader Harry Reid (D-Nev.) says tax loopholes must be addressed ...
The Democratic-run US Senate defeated measures approved by the Republican-run House to bar spending government funds for the health-care overhaul law and Planned Parenthood.
The Republican-led House of Representatives passed legislation that would repeal President Barack Obama's landmark healthcare reform law on Wednesday in a mostly symbolic move likely to be scuttled in the Senate.
President Barack Obama said Tuesday's elections, in which Republicans won control of the House of Representatives and gained seats in the Senate, signaled that Americans were frustrated with the pace of economic recovery.