WASHINGTON. The U.S. Congress finally agreed to raise the U.S. debt limit of U.S. $ 2.1 trillion. In addition, the congress also agreed to slash the state budget of U.S. $ 2.4 trillion or more. This deal reached a day before the deadline threat of default occurs.
The results of the U.S. Congress voted 269-161 to pass the comparison shows the proposed congressional leaders and President Barack Obama. About 95 Democratic votes to support the debt limit increase, and 66 Republican opposed it. The results of this vote will go to the Senate for final vote and then be done today (3 / 8).
"We are facing deadlines that we must be cautious, default. Both parties should be able to resolve this mess. Both parties must work together to get out of this problem," said Representative Paul Ryan, Wisconsin Republican and chairman of the Budget Committee.
Ryan said the budget cuts associated with the increase in U.S. debt limit is a very big cultural change for the U.S. Congress.
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