Default averted: Senate passes debt-ceiling bill in 63-36 vote


The U.S. Senate voted 63-36 in favor of a crucial debt-ceiling bill on Thursday night, sending the measure to President Joe Biden to be signed into law.

The Fiscal Responsibility Act, which the Republican-run House of Representatives approved on Wednesday night in a 314-117 vote, raises the ceiling for federal borrowing and avoids a market-shaking government default while imposing some limits on spending.


This article was originally published by Read the original article here.

Previous article: Activist investor Trian shakes up top ranks: report
Next articleDow Jones Newswires: Bilibili shares slip in Hong Kong amid growth concerns


Please enter your comment!
Please enter your name here