The Senate has approved raising the government spending limit ahead of a looming deadline A last-minute deal aimed at averting the first-ever US default was approved by the Senate late on Thursday. The bipartisan bill to raise the country’s debt limit was passed by 63 votes to 36, one day after clearing the US House of Representatives. The legislation has been referred to President Joe Biden, who said he would immediately sign the measure into law. The new measure is set to avert economic catastrophe, with only days remaining before the US was due to default on its $31.4 trillion debt on June 5. A default could po
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