Congressional Pay at Risk as Democrats Seek to Raise Debt Ceiling.

A bipartisan bill, the No Pay for Congress During Default or Shutdown Act, is set to be introduced in the US House of Representatives, which would withhold lawmakers' pay for the duration of a debt limit breach or lapse in federal funding. The bill aims to motivate legislators to prevent either situation and comes amid growing fears that the divided Congress may not meet the June 1 deadline set by the Treasury Department to raise the debt limit or risk a catastrophic default on US obligations.