economy and politics

Agreement on the US debt limit passes to the Senate after approval in the Lower House

June 1, 2023
1 Min Read

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US House Speaker Kevin McCarthy (R-CA) returns to his office in the US Capitol after a procedural vote ahead of a final vote in the House of US representatives on a bill that raises the federal government's maximum debt limit to $31.4 trillion.
US House Speaker Kevin McCarthy (R-CA) returns to his office in the US Capitol after a procedural vote ahead of a final vote in the House of US representatives on a bill that raises the federal government’s maximum debt limit to $31.4 trillion. © Julia Nikhinson/Reuters

The United States House of Representatives approved this Wednesday, May 31, the bill that suspends the debt ceiling of 31.4 trillion dollars. Now, it will go to the Senate, with a Democratic majority, which will have to give it the green light for it to reach President Joe Biden. Then the agent can sign it.

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