The US Capitol in Washington DC. US senators have agreed on a plan raise the US government’s debt ceiling likely through next year, pulling the nation away from the brink of a default. Photo: Bloomberg
The US Capitol in Washington DC. US senators have agreed on a plan raise the US government’s debt ceiling likely through next year, pulling the nation away from the brink of a default. Photo: Bloomberg
US Politics

Congress reaches agreement to avert calamitous US debt default

  • Breakthrough strategy brokered by Democratic and Republican congressional leaders following months of infighting
  • US government would likely to run out of cash on or soon after December 15, Treasury Secretary Janet Yellen has warned

Topic |   US Politics
The US Capitol in Washington DC. US senators have agreed on a plan raise the US government’s debt ceiling likely through next year, pulling the nation away from the brink of a default. Photo: Bloomberg
The US Capitol in Washington DC. US senators have agreed on a plan raise the US government’s debt ceiling likely through next year, pulling the nation away from the brink of a default. Photo: Bloomberg
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