President Biden signs debt limit hike

President Biden signed into law a bill raising the debt limit until December.

Posted: Oct 14, 2021 7:03 PM

WASHINGTON (AP) — President Joe Biden has signed into law a bill raising the nation’s debt limit until early December, delaying the prospect of an unprecedented federal default that would cause economic disaster.

The House passed the $480 billion increase in the country’s borrowing ceiling on Tuesday after the Senate approved it on a party-line vote last week. Senate Republicans had derailed initial Democratic efforts to raise the debt limit, but a handful of Republicans eventually joined Democrats and allowed the bill to come to the floor for a vote.

Senate GOP Leader Mitch McConnell has said Republicans will offer no support for another increase in December.

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We've had a gray and cool start to the first full week of December in northern California. Light rain showers will fall tonight, we can expect a breezy and brighter Tuesday, with much more active weather ahead.
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