https://sputniknews.in/20230602/us-senate-passes-debt-limit-bill-to-avert-default-biden-vows-to-sign-asap-2297955.html
US Senate Passes Debt Limit Bill to Avert Default, Biden Vows to Sign 'ASAP'
US Senate Passes Debt Limit Bill to Avert Default, Biden Vows to Sign 'ASAP'
Sputnik India
The US Senate passed a federal spending and debt limit bill, paving the way for the United States to avert a default on its debt obligations.
2023-06-02T15:10+0530
2023-06-02T15:10+0530
2023-06-02T15:10+0530
business & economy
joe biden
dedollarisation
us
global economy
economic crisis
https://cdn1.img.sputniknews.in/img/07e7/06/02/2297842_0:0:3073:1728_1920x0_80_0_0_a9f5557501db073409f6e42fdd96d52b.jpg
US President Joe Biden said, following the passing of the federal spending and debt limit bill in the Senate, that he was looking forward to signing it "as soon as possible" and addressing the American people on Friday.US Debt-Ceiling CrisisThe debt ceiling deal was negotiated by Biden and House Speaker Kevin McCarthy over the last several weeks. It raises the US debt ceiling for two years in exchange for limited fiscal reforms, such as reclaiming unspent COVID recovery funds and rescinding some Internal Revenue Service funding. The House of Representatives passed the bill on Wednesday night with a 314-117 vote. The United States risked defaulting on its financial obligations as soon as June 5 if Congress failed to pass legislation to raise the debt ceiling, according to the Treasury Department.
https://sputniknews.in/20230518/us-dollar-domination-nearing-the-end-american-investor-tells-sputnik-2022453.html
us
Sputnik India
feedback.hindi@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
2023
Sputnik India
feedback.hindi@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
News
en_IN
Sputnik India
feedback.hindi@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
Sputnik India
feedback.hindi@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
us debt limit bill, us debt-ceiling crisis, debt ceiling deal, how much debt is the us in 2023, why is the us in a lot of debt, why is the us in a lot of debt, when was the us debt the highest, how to become debt free in 2023, joe biden adminsitration debt,
us debt limit bill, us debt-ceiling crisis, debt ceiling deal, how much debt is the us in 2023, why is the us in a lot of debt, why is the us in a lot of debt, when was the us debt the highest, how to become debt free in 2023, joe biden adminsitration debt,
US Senate Passes Debt Limit Bill to Avert Default, Biden Vows to Sign 'ASAP'
WASHINGTON (Sputnik) - The US Senate passed a federal spending and debt limit bill, paving the way for the United States to avert a default on its debt obligations.
US President Joe Biden said, following the passing of the federal spending and debt limit bill in the Senate, that he was looking forward to signing it "as soon as possible" and addressing the American people on Friday.
The debt ceiling deal was negotiated by Biden and House Speaker Kevin McCarthy over the last several weeks. It raises the US debt ceiling for two years in exchange for limited fiscal reforms, such as reclaiming unspent COVID recovery funds and rescinding some Internal Revenue Service funding.
The House of Representatives passed the bill on Wednesday night with a 314-117 vote.
The United States risked defaulting on its financial obligations as soon as June 5 if Congress failed to pass legislation to raise the debt ceiling, according to the Treasury Department.
