The House and the Senate both voted to raise the debt limit helping avert a first-time default by the U.S. as the clock ticks down on the government's ability to pay its bills. This comes after months of fighting between Democrats and Republicans over raising the debt limit and spending in Washington.
https://www.cbsnews.com/news/debt-ceiling-limit-raise-senate-house-december-2021/#app
https://www.cbsnews.com/news/debt-ceiling-limit-raise-senate-house-december-2021/#app
The bill now goes to President Biden's desk for signature.
https://www.cbsnews.com/news/debt-ceiling-limit-raise-senate-house-december-2021/#app
The resolution introduced in the Senate on Tuesday to raise the debt limit by $2.5 trillion passed along party lines, 50 to 49. Senate Majority Leader Charles Schumer said this would mean Congress won't have to fight about raising the debt limit again until 2023 — beyond the midterm elections.
And these parties oppose each other when?