Express

Biden Signs Bill Raising U.S. Debt Limit, Averting Default

Amy Liu

Summary: U.S. President Joe Biden on Thursday signed legislation temporarily raising the government's borrowing limit to $28.9 trillion, pushing off the deadline for debt default only until December. The Senate last week passed a short-term debt ceiling extension in a party line, 50-48 vote. By Amy Liu

U.S. President Joe Biden on Thursday signed legislation temporarily raising the government's borrowing limit to $28.9 trillion, pushing off the deadline for debt default only until December. The Senate last week passed a short-term debt ceiling extension in a party line, 50-48 vote.

By Amy Liu

Last Update:

Tags: ,,,
Link: Biden Signs Bill Raising U.S. Debt Limit, Averting Default   [Copy]
Next:

Related Articles

  • BTC Weekly Outlook: A Bullish Week, but Signs Point to a Shift to Defensive Play 23 hours ago
  • Figma's IPO Triumph and Crypto Bet: How a Design Disruptor Stunned Wall Street After a ... 12 days ago
  • When Stablecoins Tear Down Banks’ Interest Margin Moats — A Third Look at the U.S. “Ge... 13 days ago
  • Twitter Space Highlight: Is Altcoin Season Coming? Unpacking BTC, Institutions & RWA 15 days ago
  • BTC Weekly: Momentum Top Divergence Signals Potential Shift Lower 15 days ago

    • You need to login to comment.