© Reuters. The U.S. Capitol is seen as Senate Democrats and Republicans sought to reach an agreement on to avert a debt crisis in Washington, U.S., October 7, 2021. REUTERS/Joshua Roberts
WASHINGTON (Reuters) – Legislation to raise the U.S. federal borrowing authority by $480 billion and avoid possible catastrophic debt defaults later this month drew enough support in the Senate on Thursday to advance toward passage.
Source: Investing.com
