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[ad_1] US President Joe Biden on Saturday signed into law a debt ceiling bill passed by Congress. Washington: US President Joe Biden on Saturday signed into law a debt ceiling bill passed by Congress after weeks of wrangling, moving to avert a catastrophic, self-induced default in the world’s biggest economy. The Fiscal Responsibility Act of … Read more
[ad_1] Washington: US senators voted to suspend the federal debt limit Thursday, capping weeks of fraught negotiations to eliminate the threat of a disastrous credit default just four days ahead of the deadline set by the Treasury. Economists had warned the country could run out of money to pay its bills by Monday — leaving … Read more
[ad_1] Washington: Top Republican leader Kevin McCarthy and President Joe Biden announced a deal Saturday to raise the debt ceiling, dragging the United States from the precipice of default with only a few days left to go. Congress will vote on the deal to extend the government borrowing authority Wednesday, just shy of the June … Read more
[ad_1] Democrats and Republicans in the US are sharply divided over the country’s borrowing limits. (File) Washington, United States: President Joe Biden and Republicans in Congress have resumed crunch talks aimed at averting a damaging US debt default, which Treasury officials recently warned could come as early as June 1. Biden has maintained that default … Read more
[ad_1] The Joe Biden government has less than a month to raise the US debt ceiling. A crucial meeting between US President Joe Biden and the House and Senate leaders of both the parties on Tuesday to discuss budget priorities and raise the debt ceiling limit ended with no agreement. This is not a good … Read more