US President Joe Biden today signed the law increasing the US debt ceiling from $31.4 trillion. dollar.
In this way, the danger of the country falling into an unprecedented default is avoided, reported Reuters, quoted by BTA.
The House of Representatives and the Senate passed the legislation this week after Biden and House Speaker Kevin McCarthy reached an agreement after tough negotiations.
The US Treasury Department has warned that it will not be able to meet its obligations as of June 5 if Congress does not pass the important law by then.
2023-06-03 19:05:58
#Joe #Biden #signed #law #avoided #unprecedented #default #News
