The bill, which passed the US Senate after long-running talks between Democrats and Republicans, was passed in the House of Representatives by 219 votes to 206.
THE LIMIT WILL BE INCREASED 480 BILLION DOLLARS TO BE SUFFICIENT UNTIL DECEMBER 3
The bill, which envisages increasing the debt limit by 480 billion dollars until December 3, will be submitted to the signature of US President Joe Biden for enactment.
DEBT LIMIT CRISIS
In the US, the federal government is threatened with reaching the $28 trillion 400 billion debt limit, which could lead to a historic default.
US TREASURY MINISTRY TAKE EXTRAORDINARY PRECAUTIONS
While the technical deadline for the debt limit expired on August 1, the US Treasury Department began taking "extraordinary measures" so that the government could continue with its payments.
The USA Secretary of the Treasury Janet Yellen, who has repeatedly called on Congress to increase or suspend the debt limit, recently stated that the Treasury's extraordinary measures will be exhausted if Congress does not act to increase or suspend the debt limit by October 18.
AGREEMENT TO INCREASE THE DEBT LIMIT FOR A SHORT TERM
Democrats and Republicans agreed last week to raise the country's debt limit on a short-term basis.
The US Senate approved the bill on October 7 to increase the debt limit for a short time.
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