UP

Biden signs debt ceiling increase

Home page World
12 Punto 14 Punto 16 Punto 18 Punto
Biden signs debt ceiling increase

President Joe Biden signed a debt ceiling increase into law Thursday, ensuring the U.S. will not default on its debt for the first time ever.

Axar.az reports that the country inched close to economic peril. Biden signed the borrowing limit hike a day after the date that the Treasury Department estimated it would run out of tools to keep paying the country’s bills.

Congress sent the legislation, which raises the debt ceiling by $2.5 trillion, to Biden early Wednesday. It is expected to allow the government to cover its obligations into 2023.

Date
2021.12.17 / 11:23
Author
Axar.az
See also

Trump: US in talks with 'most respected' Iranian leader

Oman FM: This war was not caused by Iran

Turkiye, Egypt, and Pakistan mediating US–Iran tensions

Putin holds phone call with Pashinyan

Trump postpones military strikes on Iran for five days

Starmer: No evidence Britain targeted by Iran

US ground operation in Iran would escalate conflict

Photo emerges of Ali Larijani’s grave in Qom - Photo

Israeli strikes city of Sinjar, Iran - Video

Iran, Turkiye FMs discuss regional security and tensions

Latest
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla