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1. www.nytimes.com › debt-ceiling-agreementHere’s What’s in the Debt Ceiling Deal - The New York Times

   www.nytimes.com › debt-ceiling-agreement

   May 29, 2023 · The deal suspends the nation’s $31.4 trillion borrowing limit until Jan. 2025. Suspending the debt limit for a period of time is different than setting it at a new fixed level.

   • Everything You Need to Know About the Debt Ceiling

     The debt limit is a cap on the total amount of money that...

2. www.bbc.com › news › world-us-canada-65744615What's in US debt ceiling deal and who won? - BBC

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   Debt ceiling suspended until 2025. Every so often, US Congress must vote to raise or suspend the ceiling, so it can borrow more to pay its bills. Currently it is $31.4tn (£25tn). This includes ...

3. Videos

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     Here’s What’s in the Debt Ceiling Deal

     May 29, 2023

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     The Debt Ceiling Explained: Why You Should Care

     Feb 4, 2013

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     weforum.org

     What is the US debt ceiling and why is it important to the global economy?

     Jun 7, 2023

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4. www.factcheck.org › 2023 › 05Debt Limit Agreement Breakdown - FactCheck.org

   www.factcheck.org › 2023 › 05

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   May 31, 2023 · The debt limit agreement raises that age limit to 52 in fiscal 2024 and to 54 the following year, and it reduces the number of exemptions states can issue for these work requirements. But other ...

5. apnews.com › article › debt-ceiling-deal-food-aidHere's what's in, what's out of the debt limit bill to avert ...

   apnews.com › article › debt-ceiling-deal-food-aid

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   May 31, 2023 · The details of the deal between President Joe Biden and House Speaker Kevin McCarthy are out. The 99-page bill produced from their agreement Sunday would avoid a federal default while limiting government spending. But the two leaders still have to persuade Congress to pass the bill. Both sides can point to some victories in the package. It includes provisions to fund medical care for veterans ...

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6. www.cnn.com › 2023/05/30 › politicsHere’s what’s in the debt ceiling package | CNN Politics

   www.cnn.com › 2023/05/30 › politics

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   May 30, 2023 · Congress has passed the debt ceiling package, just days before the Treasury Department would have run out of sufficient funds to pay all of the nation’s obligations on time and in full.

7. www.cnn.com › politics › live-newsSenate passes debt ceiling deal | CNN Politics

   www.cnn.com › politics › live-news

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   Jun 3, 2023 · The Dow on Friday saw its best one-day gain since January as Wall Street applauded the debt ceiling bill that the Senate passed on Thursday night. Investors also cheered the May jobs report, which ...

8. People also ask

   What's in US debt ceiling deal?

   • What's in US debt ceiling deal and who won? Congress has approved a deal to raise the government's borrowing limit and prevent a potentially catastrophic default on US debt repayments. The agreement passed the Senate on Thursday, a day after it passed the House of Representatives.

   What's in US debt ceiling deal and who won? - BBC

   www.bbc.com/news/world-us-canada-65744615

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   How much does the US debt ceiling cost?

   • Here are the highlights from the package, with analysis by BBC North America correspondent Nomia Iqbal. Every so often, US Congress must vote to raise or suspend the ceiling, so it can borrow more to pay its bills. Currently it is $31.4tn (£25tn).

   What's in US debt ceiling deal and who won? - BBC

   www.bbc.com/news/world-us-canada-65744615

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   Why did Congress pass the debt ceiling package?

   • Link Copied! Congress has passed the debt ceiling package, just days before the Treasury Department would have run out of sufficient funds to pay all of the nation’s obligations on time and in full. After months of stalemate and weeks of tense negotiations, the deal came together over the Memorial Day holiday weekend.

   Here’s what’s in the debt ceiling package | CNN Politics

   www.cnn.com/2023/05/30/politics/whats-in-the-debt-ceiling-deal/index.html

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   What does the debt ceiling entail?

   • Those obligations include funding for social safety net programs, interest on the national debt and salaries for members of the armed forces. Approaching the debt ceiling often elicits calls by lawmakers to cut back on government spending.

   Everything You Need to Know About the Debt Ceiling

   www.nytimes.com/2023/05/02/business/economy/us-debt-ceiling.html

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   What happens after the Senate passed the debt ceiling bill?

   • The Senate just passed the debt ceiling bill. Here's what happens next The bill text was released on Sunday evening, and leaders of both parties spent days securing support for the legislation by casting it in ways favorable to their side. With Congress’ approval, it now moves to President Joe Biden to be signed into law.

   Here’s what’s in the debt ceiling package | CNN Politics

   www.cnn.com/2023/05/30/politics/whats-in-the-debt-ceiling-deal/index.html

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   How long will the debt ceiling be suspended?

   • The centerpiece of the agreement remains a two-year suspension of the debt ceiling, which caps the total amount of money the government is allowed to borrow.

   Here’s What’s in the Debt Ceiling Deal - The New York Times

   www.nytimes.com/2023/05/29/us/politics/debt-ceiling-agreement.html

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9. www.nytimes.com › economy › us-debt-ceilingEverything You Need to Know About the Debt Ceiling

   www.nytimes.com › economy › us-debt-ceiling

   May 2, 2023 · The debt limit is a cap on the total amount of money that the United States is authorized to borrow to fund the government and meet its financial obligations. Because the federal government runs ...