Lawmakers reach deal to raise debt ceiling by $480billion into December
Lawmakers reach deal to raise debt ceiling by $480billion into December
Senate Majority Leader Chuck Schumer announced the debt ceiling agreement on Thursday morning (Picture: EPA)
Democrats and Republican have agreed to move forward with a short-term extension of the debt limit to avoid a default.
The deal between Senate Minority Leader Mitch McConnell and Senate Majority Leader Chuck Schumer will increase the debt ceiling by $480billion, an aide knowledgeable on…