US debt ceiling bill passes House with broad bipartisan support
Other countries
- 01 June, 2023
- 05:16
Add Report.az to preferred Google sources
Stay up to date with the top news!
A divided US House of Representatives passed a bill to suspend the $31.4 trillion debt ceiling on Wednesday, with majority support from both Democrats and Republicans, to overcome opposition led by hardline conservatives and avoid a catastrophic default, Report informs, citing Reuters.
The Republican-controlled House voted 314-117 to send the legislation to the Senate, which must enact the measure and get it to President Joe Biden's desk before a Monday deadline when the federal government is expected to run out of money to pay its bills.
Latest News
23:27
Photo
TURKPA women parliamentarians discuss cultural diplomacy in Bishkek
Foreign policy
23:14
Azerbaijan"s imports of Georgian-made goods rise 5.3%
Business
23:02
Seven more persons internationally wanted over anti-state calls, religious hatred
Domestic policy
22:30
Russia expects Pezeshkian to attend GECF summit in Moscow
Region
22:21
Photo
Ukrainian children continue rehabilitation program in Azerbaijan
Foreign policy
22:12
Video
President Ilham Aliyev's social media accounts shared new video
Domestic policy
22:08
Lecornu says state of emergency possible in France
Other countries
21:39
SOFAZ private equity investments rise 16.1%
Finance
21:10
Photo
Zakir Hasanov meets UAE Armed Forces chief in Baku
Military