US Senate Passes Debt Ceiling Agreement, Avoiding Default: A Major Victory for President Biden

One day after it was approved ParliamentThe US Senate passed it Thursday debt ceiling agreement That removed the specter of a US debt default, in a move that President Joe Biden hailed as a “major victory”.

The Senate passed the bill, which had previously been passed by the House of Representatives, late in the evening.

This text came as a result of arduous negotiations between Biden and the Republican camp, and it will allow Washington to pay its payments until the beginning of 2025.

For his part, he said President Joe Biden “This is a huge victory for the economy and the American people.” He added that he was “looking forward” to the publication of this law, which he had negotiated with the Republican camp for weeks.

France 24/AFP

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2023-06-02 05:25:44

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