Biden and McCarthy reach a final deal to avoid US default and …
May 29, 2023 · The debt ceiling deal has come with just days to spare before a potential first-ever government default. On Sunday, President Joe Biden and House Speaker Kevin McCarthy reached a final agreement and they are urging Congress to quickly pass it.
Debt ceiling live updates: Congress approves deal, averting a US …
Jun 2, 2023 · The US Senate passes a bipartisan debt limit bill to avoid a default after weeks of tense negotiations. Senators first considered 11 amendments.
Just days to spare, Senate gives final approval to debt ceiling deal ...
Jun 2, 2023 · Fending off a U.S. default, the Senate has given final approval to a debt ceiling and budget cuts package. It's now on its way to President Joe Biden’s desk to become law before a fast-approaching deadline. The Senate ground through late-night voting Thursday to wrap up work on the hard-fought deal.
Senate passes US debt ceiling deal, averting a US default - BBC
Jun 1, 2023 · President Joe Biden has said he will enact the measure into law. His signature on the bill will spare the US from a catastrophic default on its $31.4tn (£25tn) debt. The country is forecast to...
June 1, 2023 Senate passes US debt ceiling bill | CNN Politics
Jun 2, 2023 · Addresses the debt ceiling: The agreement would suspend the nation’s $31.4 trillion debt limit through January 1, 2025. This removes it as a potential issue in the 2024 presidential...
Biden signs debt ceiling bill that pulls US back from brink of ...
Jun 3, 2023 · With just two days to spare, President Joe Biden has signed legislation that lifts the nation’s debt ceiling. That averts an unprecedented default on the federal government’s debt. The Treasury Department had warned that the country would start running short of cash to pay all of its bills on Monday, a development that would have sent ...
Senate passes debt ceiling deal | CNN Politics
Jun 3, 2023 · President Joe Biden said he will sign the debt limit bill on Saturday. The legislation was passed by both chambers of Congress this week as lawmakers scrambled to avoid a US debt default.
What's in US debt ceiling deal and who won? - BBC
Congress has approved a deal to raise the government's borrowing limit and prevent a potentially catastrophic default on US debt repayments. The agreement passed the Senate on Thursday, a day...
White House and G.O.P. Strike Debt Limit Deal to Avert Default
May 27, 2023 · With the government on track to reach its borrowing limit within days, negotiators sealed an agreement to raise the debt ceiling for two years while cutting and capping certain federal programs.
U.S. to Deploy ‘Extraordinary Measures’ to Avoid Default on Jan. 21
2 days ago · Janet L. Yellen, the outgoing Treasury secretary, urged lawmakers to raise the debt limit and protect the full faith and credit of the United States. By Alan Rappeport Reporting from Washington ...