Byusnewsr1-

Oct 15, 2021

Biden signs debt limit bill, but December standoff is coming

Biden signs debt limit bill, but December standoff is coming

By Alexander Jaffe | Associated Press
WASHINGTON — President Joe Biden on Thursday signed into law a bill raising the nation’s debt limit until early December, delaying the prospect of an unprecedented federal default that would cause economic disaster.
The House passed the $480 billion increase in the country’s borrowing ceiling on Tuesday, after the Senate approved it on a party-line vote last…

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