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U.S. debt limit increase not needed this year -Sen. McConnell

Reuters · 11/15/2022 16:27
U.S. debt limit increase this year -Sen. McConnell

- 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, that such legislation is until year.

McConnell made his remarks to reporters.

(Reporting by Richard Cowan; Editing by Mark Porter)

((Richard.Cowan@thomsonreuters.com; Reuters Messaging: richard.cowan@thomsonreuters.com; 202-898-8391; Reuters Messaging; richard.cowan.reuters.com@reuters.))