New Debt Limit Deal Commits To Speeding Up Energy Projects ...Middle East

U.S. financial markets breathed a collective sigh of relief on Monday after negotiators from Democratic and Republican parties reached an agreement to raise the debt limit on Sunday night, days before the government hit its borrowing limit. If Congress approves the new deal, the federal government will have the liberty to borrow money until 2025. Among its key provisions, the new deal will make it easier for both fossil fuel and renewable energy projects to get licenses.  Long advocated for by Democratic Senator Joe Manchin of West…

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