- Legislation raises government’s borrowing limit to $28.9tn
- Hard-fought House vote passes entirely along party lines
The US House of Representatives gave final approval on Tuesday to a Senate-passed bill temporarily raising the government’s borrowing limit to $28.9tn, putting off the risk of default at least until early December.
Democrats, who narrowly control the House, maintained party discipline to pass the hard-fought, $480bn debt limit increase. The vote was along party lines, with every yes from Democrats and every no from Republicans.
Continue reading...source https://www.theguardian.com/us-news/2021/oct/12/house-approves-us-debt-ceiling-limit-increase
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