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The Guardian - UK

World

Nicola Slawson

First Thing: US debt ceiling deal passes Senate, averting catastrophic federal default

Joe Biden United States Donald Trump Bruno Pereira Dom Phillips United Nations Bill Cosby Chuck Schumer Drone Elon Musk

The Senate majority leader, Chuck Schumer, gives a thumbs up as he walks to a press conference after final passage of the Fiscal Responsibility Act — The Senate majority leader, Chuck Schumer, gives a thumbs up as he walks to a press conference after final passage of the Fiscal Responsibility Act. Photograph: Anna Moneymaker/Getty Images

Good morning.

The Senate narrowly passed a bill to suspend the debt ceiling on Thursday night, sending the legislation to Joe Biden’s desk and averting a federal default that could have wreaked havoc on the US economy and global markets.

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