The U.S. Senate passes a bill to speed up the procedures for raising the debt ceiling
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The U.S. Senate passed a bill to speed up the procedures for raising the debt ceiling
2021-12-10 10:13
Source: Securities Times
Author: Song Tenghu
Securities Times
Song Tenghu
2021-12-10 10:13
According to CCTV News, on December 9, local time, the U.S. Senate passed an agreement bill with 59 votes in favor and 35 votes against it, allowing the Senate to raise the U.S. debt ceiling with a simple majority. . According to the terms of the bill, the Democratic Party will be granted a one-time rapid approval power to increase the US debt ceiling more quickly, and the increased amount may be sufficient to pay for borrowings up to 2022. The bill was passed by a vote in the House of Representatives earlier this week and is now transferred to the office of the President for signature and approval.
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The U.S. Senate passed a bill to speed up the procedures for raising the debt ceiling
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Song Tenghu
2021-12-10
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