US avoids default for first time in history, President Biden signs debt ceiling bill. Yesterday, the US Senate approved the debt ceiling and budget cuts bill. The Finance Department had said that if the Congress did not come to a conclusion by June 5, the Treasury would not be able to pay its bills. The…
The risk of a US default had increased; Photo: File Washington: To save America from default, the government and the opposition party agreed to bring a debt ceiling bill. According to the American Broadcasting Corporation, this decision was made after long negotiations between the ruling party, the Democrats, and the position party, the Republicans. In…
Photo courtesy of Foreign Media A debt ceiling bill was agreed to in order to protect the US from default. According to the American media, the American Democrats and Republicans have agreed on the debt ceiling bill. A vote on the bill to tackle the economic crisis will be held on Wednesday. According to media…
File photo In the first 4 months of this year, the United States again fears default, after which the United States plans to borrow another $ 726 billion. According to foreign media, US President Joe Biden has called a meeting on May 9 for strategy, in which members of Congress will participate. According to reports,…
The burden of debt on the United States reached its final limit, after which the shadows of default began to hover over the head of the White House. US President Joe Biden has said in a speech at an event of city mayors that if the United States defaults on loans, it will be the…
