Breaking News: The Senate passed legislation to raise the debt ceiling through at least early December, postponing the threat of a federal default. - HOT AIR BALLOON FLIGHT

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Breaking News: The Senate passed legislation to raise the debt ceiling through at least early December, postponing the threat of a federal default.

BREAKING NEWS

The Senate passed legislation to raise the debt ceiling through at least early December, postponing the threat of a federal default.

Thursday, October 7, 2021 8:41 PM EST

The action came the day after Senator Mitch McConnell of Kentucky, the Republican leader, partly backed down from his blockade on raising the debt limit, offering a temporary reprieve as political pressure mounted to avoid being blamed for a fiscal calamity.

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