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Added on the 02/06/2023 12:21:00 - Copyright : Euronews EN
The US House of Representatives votes to raise the federal debt limit, moving the country a step closer to eliminating the threat of a calamitous credit default -- just five days ahead of the deadline set by the Treasury. The deeply divided lower chamber of Congress voted 314 to 117 to suspend the borrowing cap through 2024, and the Senate is expected to follow suit before the end of the week. IMAGES
The US Senate votes to stave off a credit default that would have sparked a recession and roiled world markets as Democrats and Republicans agreed to a stop-gap fix to raise the nation's debt limit. SOUNDBITE
US senators vote to suspend the federal debt limit, capping weeks of fraught negotiations to eliminate the threat of a disastrous credit default just four days ahead of the deadline set by the Treasury. IMAGES
Republicans in the US House of Representatives pass a bill that will raise the national borrowing limit, but only in conjunction with drastic spending cuts, as they seek to avert a potentially ruinous looming credit default. IMAGES
The US Senate votes to raise the federal debt limit, moving the country a step closer to eliminating the threat of a calamitous credit default -- just one day ahead of the deadline set by the Treasury. IMAGES
A sweeping US foreign aid package, including $60 billion for Ukraine, passes a key procedural vote in the Senate, although opposition from right-wing Republicans may block it from ultimately becoming law. The upper chamber, which has a very slim Democratic majority, votes 67-27 to break a procedural hold placed on the bill, with its final passage now expected midweek. IMAGES
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