US House approves $2.5 trillion debt ceiling increase (They should make $ 100 Trillion in one shot )

  • The debt limit will be increased to $31.4 trillion from $28.9 trillion’

The House vote goes 221-209 in favour of increasing the federal debt limit. That follows after the Senate also approved of the proposal earlier in the day, helping to avert a default.

Once again, as much as this is a can that is always kicked down the road. When the time comes, it gets done one way or another. The US is not going to default.