Published 11 months ago

Biden signs bipartisan debt ceiling bill to avert government default

President Joe Biden signed legislation suspending the country's debt limit until 2025 and restricting government spending, averting a potentially catastrophic economic crisis caused by defaulting on the country's debt.
The bill gives lawmakers budget targets for the next two years in hopes of assuring fiscal stability as the political season heats up and includes changes to some policies, such as imposing new work requirements for older Americans receiving food aid and greenlighting an Appalachian natural gas pipeline that many Democrats oppose.

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Times of India

Biden: President Biden signs debt ceiling bill that pulls US back from brink of unprecedented default

US News: WASHINGTON: With just two days to spare, President Joe Biden signed legislation on Saturday that lifts the nation’s debt ceiling, averting an unpreced.

11 months ago·India

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News18 India

US Debt Ceiling: Biden Says He Will Sign Bill into Law on Saturday

Joe Biden will sign the bill authorizing increased US government borrowing, removing the "catastrophic" threat of default. The world's biggest economy was at risk of defaulting without this bill.

11 months ago·India

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The Guardian

Biden signs debt ceiling bill after months-long standoff, avoiding default

Kevin McCarthy, the House speaker, secured a number of cuts on federal spending, with the borrowing limit suspended until 2025

11 months ago·London, United Kingdom

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The Hindu

Biden set to sign debt ceiling bill that averts prospect of unprecedented federal default

“No one got everything they wanted but the American people got what they needed,” Mr. Biden said.

11 months ago·India

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CTV News

Biden signs debt ceiling bill that pulls U.S. back from brink of unprecedented default

With just two days to spare, President Joe Biden signed legislation on Saturday that lifts the nation's debt ceiling, averting an unprecedented default on the federal government's debt.

11 months ago·Canada

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