The GOP has powerful leverage in high-stakes tax and spending battles next year.
Donald Trump's plans for massive deportations, tariffs and tax cuts would drain the program's trust fund, a new report says.
The nation's debt load and interest costs would create a heavier burden this time around, analysts say.
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.
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