12/15/21 - Senate Approved Legislation To Lift the Nation's Debt Limit

Wednesday, December 15, 2021 at 7:14 AM

iStock Photo on unsplash.com

Congress approves a debt limit increase bill and passes is along to the President for his signature.

WASHINGTON - Early this morning, lawmakers in Congress took a vote to avert a debt default.

On a near-party-line vote, lawmaker passed a $2.5 trillion increase in the nation's borrowing. 

The vote came just one day shy of a deadline set by Treasury Secretary Janet Yellen, who warned that she was running out of maneuvering room to avoid the nation's first-ever default.

The nation's current debt load of $28.9 trillion has been racking up for decades.

More from Featured

On Air Now Mornings with Steve & Kathy
Sunday Sermons Anne Wilson 8:16am
Everything Is Better Hopeful 8:12am
Encouraging Words From Your Bible

The Lord does not look at the things people look at. People look at the outward appearance, but the Lord looks at the heart.

1 SAMUEL 16:7 NIV
Family-Friendly Commercial-Free
91.3 WCSG
Grand Rapids / Lakeshore
88.3 WCXK
Kalamazoo
90.9 WCFG
Battle Creek
89.9 WCXB
Benton Harbor