Economic Indicators
U.S. debt limit increase not needed this year -Sen. McConnell
2022.11.15 17:08
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© Reuters. U.S. Senate Republican leader Mitch McConnell carries a book titled “The Myth of American Inequality” as he walks to his office at the U.S. Capitol building in Washington, U.S., November 15, 2022. REUTERS/Leah Millis
WASHINGTON (Reuters) – U.S. Senate Republican Leader Mitch McConnell on Tuesday downplayed the likelihood the chamber will vote by year’s end to raise the federal government’s statutory limit on borrowing, noting that such legislation is not needed until next year.
McConnell made his remarks to reporters.
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