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House approves debt limit increase that will last through part of December, sends bill to Biden

Summary by Ground News
The House passed a short-term extension of the debt ceiling without a single Republican vote. Utah GOP Sens. Mike Lee and Mitt Romney voted against it. The bill increases the borrowing limit by $480 billion. President Joe Biden is expected to sign the measure before Oct. 18.
Published 1 year ago · Washington, United States

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US Congress averts default with stop-gap debt limit hike

The Democratic-controlled House of Representatives voted along party lines to pass the stop-gap $480 billion hike, which advanced from the Senate last Thursday after weeks of heated debate.

1 year ago·Mumbai, India
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House temporarily raises debt ceiling, averting default

The House of Representatives followed the Senate on Tuesday, voting 219-206 along party lines to raise the federal debt ceiling and officially avert a potential default. Why it matters: While Congress has pushed off the debt limit issue for now, the fight over a final resolution will be even uglier come December — when lawmakers need to address the problem once again.Stay on top of the latest market trends and economic insights with Axios Market…

1 year ago·Los Angeles, United States
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House passes bill to raise US debt ceiling through early December

Legislation raises US government’s borrowing limit to $28.9tn, as hard-fought vote passes entirely along party lines

1 year ago·London, United Kingdom
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U.S. House votes to hike debt ceiling, avert default

The Democratic-controlled U.S. House of Representatives gave final approval on Tuesday to a Senate-passed bill temporarily raising the government's borrowing limit to $28.9 trillion, putting off the risk of default at least until early December.

1 year ago·United Kingdom
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U.S. Congress averts default with stop-gap debt limit hike

The Republicans dropped their blockade in the Senate

1 year ago·India
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House sends debt limit hike to Biden, staving off default

Members of the House have approved a short-term hike to the nation’s debt limit

1 year ago·London, United Kingdom
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