US EditionSenate passes bill to raise debt ceiling, preventing first-ever U.S. default
- The Senate has approved a debt ceiling and budget cuts package, which is on its way to President Biden's desk to become law. The bill suspends the debt ceiling until January 2025, restricts spending for the next two years, and changes some policies.
- The U.S. Government's auto safety agency plans to require all new passenger cars and light trucks to include potentially life-saving automatic emergency braking and meet stricter safety standards within three years.
- America's job market may have delivered yet another month of solid hiring and pay gains in May, according to economists' forecasts.
383 Articles
383 Articles
Senate gives final approval to debt ceiling deal, sends it to Biden – Garden City Telegram
BY LISA MASCARO, KEVIN FREKING, STEPHEN GROVES, FARNOUSH AMRI and MARY CLARE JALONICK Associated Press WASHINGTON (AP) — Fending off a U.S. default, the Senate gave final approval late Thursday to a debt ceiling and budget cuts package, grinding into the night to wrap up work on the bipartisan deal and send it to President… This content is for members only. Visit the site and log in/register to read.
Senate passes 11th-hour debt ceiling bill, heading off threat of default
June 2, 2023Senate passes 11th-hour debt ceiling bill, heading off threat of defaultWASHINGTON - The Senate gave final approval late Thursday to a bill to suspend the debt ceiling, just days before Monday's "X-date" when Treasury officials said the government would run out of money and default on its debts. The 11 p.m. vote came after senators rejected a string of amendments to reach a final vote on a bill that few embraced. It passed with littl…
Just days to spare, Senate gives final approval to debt ceiling deal, sending it to Biden - WNKY News 40 Television
WASHINGTON (AP) — Fending off a U.S. default, the Senate gave final approval late Thursday to a debt ceiling and budget cuts package, grinding into the night to wrap up work on the bipartisan deal and send it to President Joe Biden’s desk to become law before the fast-approaching deadline. The compromise package negotiated between Biden and House Speaker Kevin McCarthy leaves neither Republicans nor Democrats fully pleased with the outcome. But …
Deal approved, Biden will address budget, debt agreement from Oval Office Friday evening
President Joe Biden will address the nation Friday evening from the Oval Office on the budget deal that lifts the federal debt limit and averts a U.S. government default. The
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