Senate reaches deal to raise debt-ceiling until December
Thursday, October 7, 2021 | Tag Cloud Tags: debt, Democrat, News, Republican, Senate, Worthy News | Learn about out FREE SYNDICATION
(Worthy News) – Senate Majority Leader Chuck Schumer said Thursday that he and others on his Democrat leadership team have reached an agreement with Senate Republicans to extend the federal debt ceiling through early December.
The chamber will likely vote on the deal early next week, but one could come as early as today.
The agreement will increase the debt ceiling by $480 billion, which according to the Treasury Department is a figure that will extend the debt ceiling again until December 3. [ Source: Just the News (Read More…) ]
Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.