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Debt ceiling vote news: Biden-McCarthy plan passes, heads to Senate
By NBC News. The latest on the debt ceiling deal: The House voted to pass Speaker Kevin McCarthy's debt ceiling deal with President Joe Biden tonight on a 314-117 vote. The bill will now go...
Biden and McCarthy Reach Debt Ceiling Deal to Avert U.S. Default - The ...
Biden and McCarthy Reach Debt Ceiling Deal to Avert U.S. Default - The New York Times. White House and G.O.P. Strike Debt Limit Deal to Avert Default. With the government on track to reach...
Here's what the debt ceiling is and why Congress is arguing about it - NPR
What is the debt ceiling? It's the limit on how much money the federal government can borrow. Or to be more precise, the limit on how much the federal government will be allowed to add to the...
Debt Limit | U.S. Department of the Treasury
The debt limit is the total amount of money that the United States government is authorized to borrow to meet its existing legal obligations, including Social Security and Medicare benefits, military salaries, interest on the national debt, tax refunds, and other payments. The debt limit does not authorize new spending commitments.
Debt ceiling news: 'An agreement in principle' is reached
Treasury Secretary Janet Yellen has repeatedly warned that without an increase to debt ceiling, the United States could run out of cash to pay the bills. On Friday, she said the deadline was now...
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