Thursday, June 1, 2023

U.S. House passes debt ceiling deal as default threat looms

Debt Limit

Veering away from a default crisis, the U.S. House overwhelmingly approved a debt ceiling and budget cuts package, sending the deal that President Joe Biden and Speaker Kevin McCarthy negotiated to the Senate for swift passage in a matter of days, before a fast-approaching deadline.



source https://www.cbc.ca/news/world/debt-ceiling-us-1.6861576?cmp=rss

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