GENERICO.ruWorldBiden signed law to increase the limit of national debt, said the White House

Biden signed law to increase the limit of national debt, said the White House


WASHINGTON, Dec 16 US President Joe Biden has signed legislation to increase the national debt limit, White reports House. “The document was signed into law,” – said in a statement released by the press service. This bill involves increasing the limit of public debt by $ 2.5 trillion, up to $ 31.4 trillion. In mid-October, lawmakers, also facing the threat of default , approved a short-term – until December 3 – increase in the government debt limit by $ 480 billion. Previously, analysts indicated that without the approval of new borrowing limits, the United States may be unable to fulfill its financial obligations on December 21.

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