U.S. default is averted as Congress suspends debt limit

01/31/2013 | Washington Post, The · Hill, The · Business Insider

Legislation to suspend the U.S. debt limit for three months is on its way to the White House for President Barack Obama's signature. Congress gave final approval when the Senate voted 64-34 in favor of a bill passed by the House. The Obama administration had warned that without congressional action, the government would run out of money to pay its bills sometime in early March.

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Washington Post, The · Hill, The · Business Insider

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