Congress will vote on the deal to extend the government's borrowing authority on Wednesday.
Biden said in a statement that the deal was "good news for the American people, because it prevents what could have been a catastrophic default and would have led to an economic recession, retirement accounts devastated, and millions of jobs lost."
This story is from the May 29, 2023 edition of The New Indian Express.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the May 29, 2023 edition of The New Indian Express.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Sign In
Classification of 14k ha as Red Hills catchment area illegal: High Court
Bench says CMDA has no power to declare land as no-development-area without acquiring it
Edu dept to conduct special classes for class 10 supplementary exams
IN tune with the efforts to reduce dropouts, the school education department has decided to conduct special classes for class 10 students who have failed or were absent during the public examinations.
Second elephant underpass at Madukkarai complete
THE Palakkad division of Southern Railway has completed construction of the second underpass to facilitate free movement of wild animals in Madukkarai in Coimbatore forest division.
Lakhs of coconut trees set to perish in TN as record heat & drought take toll
THOUSANDS of coconut farmers in Pollachi, Anaimalai, Kinathukadavu, and Udumalai taluks in Coimbatore and Tiruppur districts have been felling the entire plantations they had nurtured lovingly for years as they could not stand the pain of seeing their trees wither due to lack of water.
Nomination deadline for Amethi, Rae Bareli seats in UP ends today
WITH barely hours left for filing of nomination papers for the Amethi and Rae Bareli seats, the Congress is continuing to keep the suspense on whether Rahul Gandhi and his sister Priyanka will contest from the prestigious seats.
BJP scramble to save Sikri fort from popular Kargil war veteran's Hand
KNOWN for being the seat of the famous Sufi saint Salim Chishti and the fort of Mughal Emperor Akbar, Fatehpur Sikri is the youngest parliamentary constituency in Uttar Pradesh.
3 engg students feared drowned in stone quarry
THREE college students who went for a swim in a pool of water collected in an abandoned stone quarry were feared drowned at Keerapakkam near Guduvanchery on Wednesday.
'Prajwal flew to Germany on diplomatic passport'
SUSPENDED Janata Dal (Secular) MP Prajwal Revanna, who is in the eye of a storm over his alleged sexual harassment of women, travelled to Germany on a diplomatic passport without political clearance, the Ministry of External Affairs (MEA) said on Thursday.
Shops set afire in caste clash in Salem; 19 held
NINETEEN people were arrested at Thevattipatti in Salem district late on Thursday after clashes broke out between Dalits and caste Hindus over allowing Scheduled Caste members to enter the local Mariamman Temple.
Who Is Going To Be India's Designated Finisher In WC?
One of the big loopholes in the squad of 15, as it stands, is the lack of a finisher; also a top-heavy line-up could prevent them from targetting a specific match-up GOMESH S @ Chennai AS Ajinkya Rahane holed out to Punjab Kings' Rilee Russouw off Harpreet Brar in the eight over and took the long walk back at the MA Chidambaram Stadium on Wednesday evening, Chennai Super Kings did something they don't always do.
