A simple majority of 218 votes will be needed to pass debt.

Webtreasury secretary janet yellen previously warned that a default could happen as early as june 5.

Webpakistan and egypt have been on the verge of a default in 2023.

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Webin france, political turmoil has exacerbated concerns about the country’s debt, sending bond yields, or returns demanded by investors, soaring.

The Looming Crisis: What Will Happen If We Reach the Debt Default Point

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