Joe Biden raises US debt ceiling

President Joe Biden on Thursday promulgated the text raising the debt ceiling of the United States until December, announced the White House, making it possible to ward off the prospect of a default with catastrophic consequences for mega-power and the rest of the world.
Congress agreed on Tuesday to temporarily raise the United States’ debt limit by US $ 480 billion. The House of Representatives adopted this measure with the sole support of elected Democrats, against the backdrop of an intense standoff with the Republicans.
Without the adoption of this measure, the country could have found itself in bankruptcy as of October 18, had warned the Treasury.
This increase in the debt ceiling “should be sufficient to allow the federal government to continue to fully meet its commitments until early December,” the White House said in a statement.
A battle postponed to early December
President Joe Biden on Thursday promulgated the text raising the debt ceiling of the United States until December, announced the White House, allowing to ward off the prospect of a default with catastrophic consequences for the mega-power and the rest of the world.