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debt-ceiling

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President Biden Signs Fiscal Responsibility Act of 2023ibtimes.co.uk
politics1 hr agoSourced

President Biden Signs Fiscal Responsibility Act of 2023

Congress cleared and the president signed Public Law 118-5, the Fiscal Responsibility Act of 2023, suspending the debt limit through January 1, 2025. The measure averts a first-ever U.S. default while imposing new discretionary spending caps and work requirements on federal nutri…

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