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Freedom Caucus members said the vote was a protest of McCarthy's handling of the debt-ceiling crisis. [22] On June 12, 2023, the Freedom Caucus and McCarthy reached an agreement that resulted in the Freedom Caucus not blocking procedural votes in exchange for conservative legislation being brought to the floor. [23]
Removal of Kevin McCarthy. On October 3, 2023, the United States House of Representatives voted to remove its speaker, Kevin McCarthy of California, through a motion to vacate [a] filed by Representative Matt Gaetz of Florida, a fellow member of the Republican Party. McCarthy's removal marked the first time in American history that a speaker of ...
WASHINGTON (Reuters) - Kevin McCarthy earned his stripes as Republican speaker of the U.S. House of Representatives on Wednesday, navigating fierce hardline opposition to pass a debt ceiling bill ...
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 ...
Bill passed after senators rejected 11 proposed amendments. For premium support please call: 800-290-4726 more ways to reach us
On May 27, Biden and then-House speaker Kevin McCarthy struck a deal to increase the debt-ceiling but cap federal spending; [14] the resulting bill, the Fiscal Responsibility Act of 2023, passed the House on May 31 and the Senate on June 1. [15] Biden signed it into law on June 3, bringing the crisis to an end. [16]
Speaker of the House Kevin McCarthy, R-Calif., walks to the House chamber at the Capitol in Washington, Wednesday, May 31, 2023. as the House moves toward passage of the debt limit bill.
t. e. In the United States, the debt ceiling or debt limit is a legislative limit on the amount of national debt that can be incurred by the U.S. Treasury, thus limiting how much money the federal government may pay by borrowing more money, on the debt it already borrowed. The debt ceiling is an aggregate figure that applies to gross debt ...