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United States: House of Representatives passes debt ceiling suspension legislation

2023-06-01T01:51:27.659Z

Highlights: The bill, which received 314 votes in favor against 117 against, must now be adopted by the Senate. The elected members of the House of Representatives voted Wednesday, May 31 by a very large majority in favor of the text suspending the debt ceiling until 2025. Joe Biden immediately hailed an "essential step forward" achieved by a "two-party compromise", praised Joe Biden. "Today the House took an essential step forward to prevent for the very first time a default" by the United States, the US president said in a statement from the White House.


The bill, which received 314 votes in favor against 117 against, must now be adopted by the Senate.


The elected members of the House of Representatives voted Wednesday, May 31 by a very large majority in favor of the text suspending the debt ceiling until 2025, thus removing the risk of a possible default of the United States on its debt from June 5. The bill, which received 314 votes in favor against 117 opposed, must now be adopted by the Senate, the leader of the Democratic majority ensuring Wednesday that he would submit it "as quickly as possible" so that "we avoid default".

Joe Biden immediately hailed an "essential step forward" achieved by a "two-party compromise", praised Joe Biden. "Today the House (of Representatives) took an essential step forward to prevent for the very first time a default" by the United States, the US president said in a statement from the White House.

Source: lefigaro

All news articles on 2023-06-01

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