Senate Votes To Raise Debt Ceiling, Averting Catastrophic Default

@reuters
Senate Votes To Raise Debt Ceiling, Averting Catastrophic Default

WASHINGTON (Reuters) - Legislation to raise the U.S. federal borrowing authority by $480 billion and avoid possible catastrophic debt defaults later this month drew enough support in the Senate on Thursday -- including 11 Republican votes -- to advance toward passage.

(Reporting by Richard Cowan and Makini Brice, Editing by Rosalba O'Brien)

Advertising

Start your day with National Memo Newsletter

Know first.

The opinions that matter. Delivered to your inbox every morning

New York Judge Gives Trump Organization The 'Corporate Death Penalty'
Former President Donald Trump
Donald Trump
Reprinted with permission from DCReport

Donald Trump is no longer in business.

Keep reading...Show less
The Loud Racist Messaging Behind Trump's Aborted Gun Purchase

Candidate Trump’s stop at a gun store in South Carolina on Monday wasn’t just an offhand visit: His eight-SUV convoy doesn’t do anything without advance planning days or even weeks ahead of any event Trump attends or location he visits. He made a decision to stop at Palmetto State Armory in Summerville, South Carolina, because he knew that that specific gun store was where the racist shooter in Jacksonville, Florida bought the guns he used to kill three Black people at a Dollar General store in late August. On the receiver of one gun, the killer had painted a swastika right next to the engraved name of the store where he bought it, Palmetto State Armory. It’s just one month after the killings occurred. Memories are strong, and emotions in the Black community are still raw.

Keep reading...Show less
<script type="text/javascript" src="https://log.nordot.jp/js/beacon-1.1.0.js"></script> <script type="text/javascript"> nor.pageviewURL = "https://log.nordot.jp/pageview"; nor.setPageData({ opttype: "unknown", pagetype: "detail", conttype: "post", uiid: "e_S481RqwJFu", postid: "818999744880820224", contdata: { title: "U.S. Senate votes to raise debt ceiling, averting catastrophic default", numimg: 1, cvrimg: 0, pubdate: "1633651774", chlang: "en-US" }, chunitid: "721958051058909184", cuunitid: "731904312584683520" }); nor.pageview(); </script>