The deal doesn't touch most of the fast-growing entitlement programs like Medicare, Social Security or Medicaid.
Top executives of major banks discussed the debt limit with Senate Majority Leader Chuck Schumer on Wednesday.
Senator Elizabeth Warren wants Biden to select a vice chair to counter Chair Jerome Powell.
Parliamentarian Elizabeth MacDonough is a little-known arbiter of Senate rules.
Johnson endorsed the idea of Congress annually debating the funding for the programs like any other budget item.
His decision is a de facto veto of Biden's hopes to revive the economic plan that fizzled last year.
The overwhelmingly bipartisan 80-19 vote comes as the Fed grapples with soaring prices.
Raskin blamed “relentless attacks by special interests” on her views on climate change.
Democratic Sen. Joe Manchin joined Republicans in opposing Raskin over her stance on climate change.
Republicans have questioned vice chair nominee Sarah Bloom Raskin's previous role as a director of Reserve Trust
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