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U.S. Department of the Treasury

Biden Averts U.S. Default: Debt Ceiling Bill Signed & Sealed

President Biden Raises Debt Ceiling to Avoid Default President Joe Biden signed a bill on June 3rd, just two days before the deadline, which lifts the nation's debt ceiling and prevents an unprecedented default on the federal government's debt. Following weeks of intense negotiations, the agreement suspends the debt limit until 2025 and restricts…