The House has voted to raise the debt ceiling into December, following the Senate. President Biden said he would sign the bill.
the U.S. borrowing limit
into December, as Democratic lawmakers wrestled with how to set a new ceiling for U.S. debt later this year over Republican resistance.the debt-ceiling increase that cleared the Senate last week. The early return followed a warning from Treasury Secretary Janet Yellen to House Democratic leaders that if the chamber failed to act this week, the U.S. wouldn’t be able to pay its bills. The White House has said that President Biden will sign the measure into law.
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