President Joe Biden on Thursday signed the bill raising the debt limit ceiling that passed Congress earlier this week, according to a press release from the White House. [Source]
Publication Date:Origin: cnn.com
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Topics: limit, Biden, House, White, release, press, according, earlier, Congress, passed, ceiling, raising, signed, President, increase, signs
Source: https://www.cnn.com/2021/12/16/politics/biden-signs-debt-limit-increase/index.html
Spending caps set by the debt limit bill have empowered critics of U.S. aid to Ukraine, threatening the bipartisan coalition that has kept military assistance flowing to Kyiv.
[ nytimes.com ] Senate,The government has avoided default, but the effects of the debt-ceiling brinkmanship may still ripple across the economy.
[ nytimes.com ] Banking and Financial Institutions,The House speaker attempted to strike a careful balance: he could lose conservatives’ votes but could not afford to reach a deal that so infuriated the far right that they would move to oust him.
[ nytimes.com ] National Debt (US),Two years of spending caps, additional work requirements for food stamps and cuts to I.R.S. funding are among the components in the deal.
[ nytimes.com ] United States Politics and Government,The Treasury secretary, who considered ways to contain the fallout of a default when she was a Fed official in 2011, had urged Democrats to raise the limit while they still had control of Congress.
[ nytimes.com ] Yellen, Janet L,
