Senate approves short-term debt ceiling increase
Story Date: 10/8/2021

 

Source: Jordain Carney, THE HILL, 10/7/21

The Senate on Thursday approved a deal to increase the debt ceiling and keep the country solvent into December, moving to stave off a default expected to occur in a matter of days.   Senators voted 50-48 along party lines on the short-term increase in the nation’s borrowing limit. GOP Sens. Richard Burr (N.C.) and Marsha Blackburn (Tenn.) didn’t vote. The bill still needs to pass the House, which is out of town, before being sent to President Biden’s desk. 

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