
The House of Representatives on Tuesday narrowly approved a measure raising the US debt ceiling until March 2015, a move that dials back the threat of an election-year fiscal showdown. The legislation, which passed 221-201, now heads to the Senate where it is expected to be debated and possibly passed as early as this week, which would hand a victory to President Barack Obama who had demanded an extension of US borrowing authority with no strings attached.
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Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
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