Senate reaches deal to raise debt-ceiling until December

Thursday, October 7, 2021 | Tag Cloud Tags: , , , , ,

(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…) ]

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