Biden Signs Bill Raising U.S. Debt Limit Into Law - White House - U.S. News & World Report

(Reuters) - President Joe Biden on Thursday signed a bill raising the U.S. debt limit into law, the White House said in a statement, averting what would have been an unprecedented default.

The U.S. Congress on Tuesday approved raising the federal government's borrowing authority by $2.5 trillion to about $31.4 trillion, sending the bill to Biden for his approval.

source: https://www.usnews.com/news/top-news/articles/2021-12-16/biden-signs-bill-raising-u-s-debt-limit-into-law-white-house

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