On October 14, US President Joe Biden signed a temporary law to raise the ceiling of public debt to $ 28,900 billion, helping the government to temporarily avoid the risk of federal default until December 3. Joe Biden signed the law to help the Government temporarily avoid the risk of default. (Photo: Economist.com) The above Law allows to raise the construction debt limit at 480 billion USD. Earlier, the Ministry of Finance said that in the case of the US government did not increase the public debt ceiling, the ministry will not have a budget to pay national debts due on 18 / 10
. Day 12 / Last 10, with 219 votes and 206 US vote, the US House of Representatives was controlled by the Democratic Party that passed the temporary bill to raise the federal public debt ceiling to $ 28,900 billion. "We have temporarily stopped horribly Panic before the deadline next week. However, in December, members of the US Congress will need to choose to place the country on the party and prevent the debt, "Richard Neal belongs to the Democratic Party
Previously, the US Senate approved this bill on October 7 with 50 votes and 48 votes against. Thus, the bill was adopted for helping the US avoid the risk of federal debt for the first time at the end of October, the time the US Finance Minister Janet Yellen warned that the country would no longer financial resources to implement The obligation to pay the debt after October 18, if Congress does not increase the current public debt ceiling. Janet Yellen said, the action to raise the ceiling of public debt does not increase government spending, but open to the Ministry of Talent The main excellence of financial geography is larger to finance the activities that have been approved by the National Assembly. According to Mitch McConnell, the Republican Party leader in the Senate, the extension of public debt ceiling will help Democrats more time. Time to seek long-term solutions and will protect the United States to avoid a short-term crisis. Time to avoid the risk of default this month but the Law only helps the Government maintain until December 3, time The budget for most federal programs expires under the temporary budget bill was passed earlier this month. 8/10, Mr. Mitch McConnell Writing a letter to President Joe Biden after the vote in the Senate, said he would not cooperate with the Democratic Party on raising the overall debt ceiling again. "I will not participate in any one Any other effort in the future to overcome the consequences from the weak management of the Democratic Party, "said McConnell. Republican Party believes that raising the ceiling of public debt is the Democratic Party issue by the Democrats It is expected that through two major spending bill accounts for the majority of President Joe Biden's domestic agenda in the coming weeks, including the 3,500 billion USD social policy package and the infrastructure bill The bisexual party worth $ 1,000 billion
In the past few years, raising the ceiling of public debt is a controversial issue in the US Congress. Debt is a total limit of the total amount that the US federal government is allowed to borrow. In nearly a decade, the US has recorded 3 times the government is closed in 2013, January 2018 and December 2018 . These times the government stopped this activity led to tens of thousands of employees who are not essential for leave and other key positioners, they are forced to work without paying ./. Hoai Ha (follow Reuters, AP) . Dịch vụ:
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