Senate passes agreement to allow Democrats to raise debt ceiling
Published
If lawmakers do not address the debt limit by Dec. 15, the U.S. would default on its debts for the first time, which could lead to a global recession.
#recession
Published
If lawmakers do not address the debt limit by Dec. 15, the U.S. would default on its debts for the first time, which could lead to a global recession.
#recession
Watch VideoPresident Joe Biden on Thursday signed a bill raising the nation's borrowing limit by $2.5 trillion, avoiding a..
The Senate and House are racing to approve the measure by Wednesday so that the Treasury Department can continue borrowing money.