Categories
Uncategorized

Senate passes $2.5T debt limit increase, sends to House

Technology Manias – EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

The Senate passed a measure Tuesday night to raise the debt limit to nearly $31 trillion as Democrats race to clear the increase before the United States risks an economically devastating default. The chamber voted 50-49 to adopt the legislation. Across the Capitol, House Democrats are ready to clear the measure for President Joe Biden’s signature as soon as Tuesday night, saving the Treasury Department from fully exhausting its ability to pay interest on the nation’s $29 trillion in loans — an economic crisis that could hit as soon as…

The post Senate passes $2.5T debt limit increase, sends to House appeared first on Technology Manias.

Leave a Reply

Your email address will not be published. Required fields are marked *