Joe Biden signs into law a law that suspends the ceiling of the public debt of the United States until 2025. The US Congress passed the bill this week, which also sets some fiscal targets.
Without this law, the country risked being in default as early as Monday, June 5. Fitch has kept under surveillance the precious AAA rating of the U.S. by deploring the "political polarization" and noting "a steady deterioration of governance over the last 15 years" The United States lives on credit – it has the heaviest debt in the world, in absolute terms.