The Senate approves a short-term agreement to raise the debt ceiling and avoid an economic crisis

Debt ceiling (Senate-washington,D.C) The U.S. Senate has approved an agreement to extend the government’s debt power until December. Experts say a compromise between Republican and Democratic leaders will temporarily avoid an unprecedented federal mistake.

Senate Nears Short-Term Debt Ceiling Deal, Punts Further Action to December

Economy(United States-debt ceiling) After a weekslong standoff, GOP Leader Mitch McConnell offered a two-month fix to the debt ceiling and Democrats appeared ready to accept. Senate Majority Leader Charles Schumer leaves a Democratic Senate caucus meeting at the U.S. Capital on October 6, 2021 in Washington, DC. Congress has until October 18 to raise theContinue reading “Senate Nears Short-Term Debt Ceiling Deal, Punts Further Action to December”

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