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Tag Archives: debt limit

President Biden Signs Bill Temporarily Raising Debt Limit

President Biden

President Joe Biden on Thursday signed into law a bill raising the nation’s debt limit until early December, delaying the prospect of an unprecedented federal default that would cause economic disaster. The House passed the $480 billion increase in the country’s borrowing ceiling on Tuesday, after the Senate approved it …

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House Votes to Extend Debt Limit Through December

The House of Representatives voted late Tuesday to extend the federal debt limit through early December, sending the bill to President Joe Biden’s desk, who is expected to sign it. The party-line vote of 219-206 approves an increase of $480 billion to the debt limit until Dec. 3, lifting it …

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