US House has votes to pass debt-limit deal

Ross J Burland FXStreet

The US House has the votes to pass the debt-limit deal, the vote is ongoing although this will now go to the Senate for voting. There are only a handful of days remaining until the nation hits the X-date on which it could default, June 5.

Update: Voting ended. The timeframe to pass the bill through Congress is extremely tight and there is little room for error, which leaves markets still in a state of flux.

Author

Ross J Burland

FXStreet

Ross J Burland, born in England, UK, is a sportsman at heart. He played Rugby and Judo for his county, Kent and the South East of England Rugby team.

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