Debt Ceiling Passes the US House of Representatives.

The US House of Representatives approved legislation to limit the debt, crafted by President Joe Biden and House Speaker Kevin McCarthy, that would impose restrictions on government spending during the 2024 elections and avoid default in the unstable United States. Lawmakers from both parties joined in approving the bill with a vote of 314-117 on

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June 1, 2023: The specter of defaulting on debt disappears.

“Debt Ceiling” Approved by the US House of Representatives The US House of Representatives approved legislation to limit the debt, crafted by President Joe Biden and House Speaker Kevin McCarthy, that would impose restrictions on government spending during the 2024 elections and avoid default in the unstable United States. Lawmakers from both parties joined in

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