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Once signed into law by President Joe Biden, it will allow the federal government to borrow money until after the next presidential election in November 2024. Here are the highlights from the ...
President Joe Biden and House Speaker Kevin McCarthy reached final agreement Sunday on a deal to raise the nation’s debt ceiling and worked to ensure enough Republican and Democratic votes to pass the measure in the coming week.
Jun 2, 2023 · Once signed into law by President Joe Biden, it will allow the federal government to borrow money until after the next presidential election in November 2024. Here are the highlights from the ...
Jun 2, 2023 · Over the weekend, President Joe Biden and House Speaker Kevin inked a deal that would suspend the debt ceiling until 1 January 2025 and also secure modest spending cuts across the government.
May 27, 2023 · President Biden and Speaker Kevin McCarthy on Saturday reached an agreement in principle to lift the debt limit for two years while cutting and capping some government spending over the same...
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US lawmakers have temporarily put off a dangerous game of brinkmanship over lifting the debt ceiling - a limit on how much the US government can borrow.
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May 2, 2023 · Economists and Wall Street analysts warn that such a scenario would be economically devastating, and could plunge the entire world into a financial crisis. Will military salaries, Social Security...