House lawmakers will return to Washington on Tuesday to vote on a short-term extension of federal borrowing authority, interrupting a two-week recess.
“The Speaker and I have both spoken with Treasury Secretary Yellen, who said that if the House fails to act next week, the country will be unable to pay its bills,” Majority Leader Steny Hoyer wrote to lawmakers. “This cannot happen. Therefore, the House will convene on Tuesday, October 12, to pass this stopgap measure, and I expect we will complete our work that evening.”
The Senate on Thursday approved legislation extending the debt limit until Dec. 3, providing Yellen with $480 billion in new borrowing authority.