June 2, 2023
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5:10Now PlayingThe Senate passed a bill to raise the government's borrowing limit late Thursday night, sending it to President Biden’s desk with just days to spare before the government was set to run out of money to pay its obligations on June 5.
The bill, which implements the deal struck by House Speaker Kevin McCarthy and President Biden to raise the debt ceiling and cut spending, passed in a 63-36 vote.
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