The measure was approved late Thursday night after passing the House in yet another late session the night before.
by Biden and House Speaker Kevin McCarthy
“No one gets everything they want in a negotiation, but make no mistake: This bipartisan agreement is a big win for our economy and the American people,” Biden said in a statement on Thursday. Fast action was vital if Washington hoped to meet next Monday’s deadline, when Treasury has said the U.S. will start running short of cash to pay its bills.
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