{"id":1943623,"date":"2023-06-03T19:00:02","date_gmt":"2023-06-03T23:00:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-signs-debt-limit-bill-avoiding-u-s-default\/"},"modified":"2023-06-03T19:01:42","modified_gmt":"2023-06-03T23:01:42","slug":"biden-signs-debt-limit-bill-avoiding-u-s-default","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-signs-debt-limit-bill-avoiding-u-s-default\/","title":{"rendered":"Biden signs bill to avoid U.S. default."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">14<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fbiden-signs-debt-limit-bill-avoiding-u-s-default%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1943623&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>President Biden Signs Bill Suspending U.S. Debt Ceiling<\/h2>\n<blockquote>\n<p>&#8220;It was critical to reach an agreement, and it\u2019s very good news for the American people. No one got everything they wanted. But the American people got what they needed.&#8221; &#8211; President Joe Biden<\/p>\n<\/blockquote>\n<p>President Joe Biden has signed a bill that suspends the U.S. government&#8217;s $31.<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/dems-reject-matched-spending-cuts-setting-up-debt-ceiling-showdown-with-gop\/\" title=\"Dems Reject Matched Spending Cuts, Setting Up Debt Ceiling Showdown With GOP\">4 trillion debt ceiling<\/a>, averting what would have been a first-ever default. The House of Representatives and the Senate passed the legislation this week after Biden and House of Representatives Speaker Kevin McCarthy reached an agreement following tense negotiations.<\/p>\n<p>The Treasury Department had warned it would be unable to pay all its bills on June 5 if Congress had failed to act by then. The Republican-controlled House voted 314 to 117 to approve the bill, and the Democrat-controlled Senate voted 63 to 36.<\/p>\n<p>Fitch Ratings said on Friday the United States&#8217; &#8220;AAA&#8221; credit rating would remain on negative watch, despite the agreement that will allow the government to meet its obligations.<\/p>\n<h3>Other News:<\/h3>\n<ul>\n<li>\n<p>Parents at an LA County Elementary School stage a protest for a pride themed assembly<\/p>\n<\/li>\n<li>\n<p>LGBT Pride Month kicked off June 1st and Corporate America was poised to capitalize on it. Target is leading the charge and dominating headlines with their overt marketing.<\/p>\n<\/li>\n<li>\n<p>Former Banking Regulator Louis Navallier warns Biden and the Democrats are unleashing a <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/former-banking-regulator-warns-bank-failures-are-just-the-beginning-for-americans\/\" title=\"Ex-banking regulator cautions Americans: More bank failures ahead.\">potentially damaging plan<\/a>, seizing control of your bank accounts.<\/p>\n<\/li>\n<li>\n<p>JP Morgan CEO Jamie Dimon and Tesla CEO Elon Musk both have recent meetings with China, as their relationship with the Communist nation raises concerns with Americans.<\/p>\n<\/li>\n<li>\n<p>By Joe Brock SINGAPORE (Reuters) &#8211; Canadian Defence Minister Anita Anand said on Saturday that the country&#8217;s critical infrastructure was increasingly being&#8230;<\/p>\n<\/li>\n<li>\n<p>By Kantaro Komiya and Sam Nussey TOKYO (Reuters) &#8211; Japan&#8217;s privacy watchdog said on Friday it has warned OpenAI, the Microsoft-backed startup&#8230;<\/p>\n<\/li>\n<li>\n<p>By David Shepardson WASHINGTON (Reuters) &#8211; The Republican chairmen of two House of Representatives panels on Friday urged President Joe Biden&#8217;s administration&#8230;<\/p>\n<\/li>\n<li>\n<p>(Reuters) &#8211; Alphabet Inc&#8217;s YouTube said on Friday that the platform would <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/horse-racing-churchill-downs-to-suspend-racing-amid-safety-review\/\" title=\"Churchill Downs to halt horse racing for safety review.\">stop removing content<\/a> that might have <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-to-laud-crisis-averted-from-debt-ceiling-deal-in-first-oval-office-address\/\" title=\"Biden to laud \u2018crisis averted\u2019 from debt ceiling deal in first Oval Office address\">spread false claims related<\/a>&#8230;<\/p>\n<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>President Biden signed a bill suspending the US government&#8217;s $31.4tn debt ceiling, preventing a first-ever default. The House of Representatives and Senate passed the legislation after Biden and Speaker Kevin McCarthy reached an agreement.<\/p>\n","protected":false},"author":66,"featured_media":1943624,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[542],"tags":[5454,3620,15651,3785,7238],"class_list":["post-1943623","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oann","tag-avoid","tag-biden","tag-default","tag-signs","tag-u-s"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1943623","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1943623"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1943623\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1943624"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1943623"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1943623"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1943623"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}