Transport Topics (Oct. 13, 2021)

An episode of the Transport Topics podcast, hosted by Transport Topics, titled "Transport Topics (Oct. 13, 2021)" was published on October 13, 2021 and runs 2 minutes.

October 13, 2021 ·2m · Transport Topics

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Summary

Members of the House of Representatives last night pushed through a short-term increase to the nation’s debt limit, ensuring the federal government can continue fully paying its bills into December and temporarily averting an unprecedented default that would have decimated the economy. The $480 billion increase in the country’s borrowing ceiling cleared the Senate last week on a party-line vote. The House approved it 219-206, so President Joe Biden can sign it into law this week. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Episode Description

Members of the House of Representatives last night pushed through a short-term increase to the nation’s debt limit, ensuring the federal government can continue fully paying its bills into December and temporarily averting an unprecedented default that would have decimated the economy. The $480 billion increase in the country’s borrowing ceiling cleared the Senate last week on a party-line vote. The House approved it 219-206, so President Joe Biden can sign it into law this week. Learn more about your ad choices. Visit podcastchoices.com/adchoices

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