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Bill passed after senators rejected 11 proposed amendments
The debt ceiling compromise bill sailed to passage in the House on Wednesday evening. The House voted 314-117 after just over an hour of debate on the legislation. The bill required a simple ...
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Veering away from a default crisis, the House approved a debt ceiling and budget cuts package late Wednesday, as President Joe Biden and Speaker Kevin McCarthy assembled a bipartisan coalition of ...
The debt ceiling had been suspended until January 2 as part of the bipartisan Fiscal Responsibility Act, which Congress approved in June 2023 after months of contentious debate between the GOP-led ...
Republican Representative Dusty Johnson, a McCarthy ally who helped craft the Republican debt-ceiling legislation that buttressed the speaker in negotiations, said the vote proved wrong Democratic ...
Joe Biden and Speaker Kevin McCarthy's debt ceiling bill passed its first big test, clearing the Rules Committee and setting up a full House vote on Wednesday.
The Senate on Thursday night passed a bill to raise the debt ceiling. The measure was approved in a bipartisan 63-36 vote after passing the House by a wide and bipartisan margin Wednesday night.