Senate Passes Debt-Ceiling Deal, Avoiding Default and Boosting Stocks.
TL;DR Summary
The Senate has passed a debt-ceiling deal that will allow the federal government to issue more bonds and avoid a default, sending it to President Biden's desk for approval. This removes the last hurdle to the deal that was hammered out a few days ago, and the stock market is expected to react positively.
- Senate Passes Debt-Ceiling Deal, Sending It to Biden’s Desk. Stocks Can Breathe. Barron's
- Senate passes debt ceiling bill, averting US default TODAY
- How Lawmakers Negotiated Through Fits and Starts to Strike a Debt-Limit Deal Yahoo Finance
- US Debt-Ceiling Crisis Will Return in 2 Years as Default Threat Is Powerful Tool Bloomberg
- Opinion | The Great Debt Ceiling Drama's Finale The New York Times
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