Biden Signs Debt Ceiling Bill That Pulls U.s. From The Brink Of Default

CHRIS MEGERIAN / AP, Time
Sat, 06/03/2023 - 11:19am

WASHINGTON — With just two days to spare, President Joe Biden signed legislation on Saturday that lifts the nation’s debt ceiling, averting an unprecedented default on the federal government’s debt. The White House announced the signing, done in private at the White House, in an emailed statement in which Biden thanked congressional leaders for their partnership. The Treasury Department had warned that the country would start running short of cash to pay all of its bills on Monday, which would have sent shockwaves through the U.S.

NEXT
Topics:  washington   president joe biden   the white house   the treasury department   u.s    house speaker kevin mccarthy   r-calif   raising    ldquo;passing   oval office    ldquo;no   american    ldquo;we’re   social security   medicare   medicaid   it&rsquo    ldquo;i’m   i&rsquo   biden s   appalachian   budget office   internal revenue service   biden&rsquo   september   biden    biden   white house   house   republican   republicans   mccarthy   senate   democratic   democrats   congress   bill   default   debt ceiling   spending   legislation   limit   lawmakers   veterans   people   country   nation’s   including   infrastructure   agreement   requirements   continue   work   leaders   deal   food   federal   pay   critical   party   sought   wealthy   economic   parties   term   investments   fiscal   deficits   years   tax   restricts   corporations   cut   government   roll   passage   reach   good   vote   
BING NEWS:
  • Why investors clinging to cash could lose money in U.S. debt-ceiling fight
    Investors clutching cash might soon bear the brunt of a U.S. debt-ceiling fight, which could boil over in the next few weeks without a resolution.
    01/7/2025 - 8:52 pm | View Link
  • Fitch warns of US debt-ceiling stalemate despite Republican-controlled government
    A unified government under President-elect Donald Trump is unlikely to lead to a quick resolution of the U.S. debt-ceiling debate given a narrow Republican House majority and continued disagreements ...
    01/7/2025 - 4:22 am | View Link
  • More

 

NEXT
Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

Movies With Butter More Movie News

More News

  • The Biden Legacy
    The Daily Dot, Thursday - 01/09/2025 - 11:00 PM

    Open thread below read more

    More | Talk | Read It Later | Share
  • 11 people in Oakland County had contact with H5N1-infected backyard flock, 2 are now sick - Detroit Free Press
    Google News, Thursday - 01/09/2025 - 07:51 PM

    11 people in Oakland County had contact with H5N1-infected backyard flock, 2 are now sick Detroit Free Press2 people in quarantine after having contact with birds with Avian Influenza, 9 others being monitored WXYZ 7 Action News DetroitBird flu is in Michigan, how effective are current biosecurity measures? WILXBird flu detected in backyard flock in Oakland County CBS NewsWhat Michigan is doing to limit the spread of avian influenza WOODTV.com

    More | Talk | Read It Later | Share
  • The Stupid! It Burns! Fox Anchor Denies What's Right In Front Of Him
    The Daily Dot, Thursday - 01/09/2025 - 07:00 PM

    Even though they were discussing the fires in Los Angeles, Fox host John Roberts and reporter William Lajeunesse proved themselves to be not so bright themselves (emphasis mine): ROBERTS: So William, 31 years ago we had our base of operations just down the street from where you are at Gladstones as we were covering the old Topanga Canyon fire.

    More | Talk | Read It Later | Share
  • 'Abuse Of Power': Biden Takes Jabs At Donald During Eulogy For Carter
    The Daily Dot, Thursday - 01/09/2025 - 05:16 PM

    It's unclear why Donald even attended the funeral of the late great Jimmy Carter. The two were polar opposites in every manner. Donald had disrespected Carter in the past and recently, but there he was with his wife, Melania, who looked like she would have preferred to be elsewhere. President Joe Biden offered a perfect eulogy, and although he never mentioned Donald's name, everyone knew it was about him. "You know, we have an obligation to give hate no safe harbor and to stand up to what my dad used to say is the greatest sin of all, the abuse of power," Biden said.

    More | Talk | Read It Later | Share
  • Trump's Demented Ramblings On Palisades Wildfire Expose His Utter Stupidity
    The Daily Dot, Thursday - 01/09/2025 - 05:14 PM

    Donald Trump went on his piece of shit social media platform and the media to bloviate and rub some hot embers in the eyes of every Californian instead of offering help. He berated President Biden and Governor Newsom over the catastrophic wildfires that have consumed my home and thousands of others from the wildfires that struck Pacific Palisades. Historic winds up to 100 mph were the culprit, spreading fire and burning embers and the blaze throughout the Palisades and many other ordinarily safe locations. Yet, the fucking halfwit shit this out, while the Beltway press grinned and nodded as though it was perfectly normal. REPORTER: On California, Mr.

    More | Talk | Read It Later | Share
  • Health Alert: Very Contagious Virus On The Rise In California - MyMotherLode.com
    Google News, Wednesday - 01/08/2025 - 08:32 PM

    Health Alert: Very Contagious Virus On The Rise In California MyMotherLode.comNorovirus can defeat most household cleaners. Here's what actually works CNNIt feels like everyone has a stomach bug. A new norovirus strain might be to blame, CDC data suggests CBS NewsNorovirus outbreaks sweep California. How does stomach flu spread? What are symptoms?

    More | Talk | Read It Later | Share