Published: Jun 03, 2023, 05:10 IST | Updated: Jun 03, 2023, 05:10 IST
A bipartisan agreement was reached by a vote of 63-36 in the U.S. debt ceiling proceedings. Congress has approved a deal to raise the government's borrowing limit and prevent any catastrophic default on US debt repayments. President Joe Biden will enact the measure into law on June 5. What are the highlights of this deal? Listen in to Vikram Chandra.