Senate joins House in approving (60-39) a $290B increase in the debt limit, boosting the ceiling...

|By:, SA News Editor

Senate joins House in approving (60-39) a $290B increase in the debt limit, boosting the ceiling to $12.4T. The increase will allow the government to keep borrowing, but only through February, meaning lawmakers will kick off the new year with a fresh debate on the deficit.