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The U.S. House of Representatives approved legislation to suspend the government’s borrowing limit until early 2025, a step toward averting a Washington political showdown five days before the country could run out of money to pay its bills. With a late Wednesday vote of 314-117, the bill passed and now heads to the Senate with…
Lawmakers from both parties joined to approve the bill 314-117 Wednesday evening, sending the measure to the Senate for consideration as a default deadline draws near.
Forex news for North American trading on May 30, 2023
Speaker Kevin McCarthy was working to cobble together the votes to push through the compromise he struck with President Biden, as lawmakers in both parties signaled their displeasure with the plan.
Lawmakers in the U.S. House of Representatives on Tuesday began considering legislation to suspend the government's $31.4 trillion debt ceiling until early 2025.