June 17, 2024
Senate passes debt-ceiling bill in 63-36 vote, sending it to Biden to get signed into law

Senate passes debt-ceiling bill in 63-36 vote, sending it to Biden to get signed into law

The U.S. Senate voted 63-36 in favor of a crucial debt-ceiling bill on Thursday night, sending the measure to President Joe Biden to be signed into law.

The Fiscal Responsibility Act, which the Republican-run House of Representatives approved on Wednesday night in a 314-117 vote, raises the ceiling for federal borrowing and avoids a market-shaking government default while imposing some limits on spending.

Congress…

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