Welcome To Crypto Billionaire With Maddy . Instagram - @iammadhavbhatia. Today episode is regarding Debt Ceiling News . President Joe Biden has urged Congress to pass a bill to raise the government's borrowing limit and prevent a potentially catastrophic default on US debt repayments. So what's in the deal and which party is happier with it?

If approved, it would allow the federal government to borrow money until after the next presidential election in November 2024.

The House of Representatives passed the 99-page bill on Wednesday, and it now heads to the Senate.

Here are the highlights from the package, with analysis by BBC North America correspondent Nomia Iqbal. Bill is passed now . Listen to this podcast to get more info . Thank for listening. Stay Tuned . #debtceiling #usa #joebiden #finance #debt