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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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House Republicans passed sweeping legislation Wednesday that would raise the government's legal debt ceiling by $1.5 trillion in exchange for steep spending restrictions, a tactical victory for ...
Watch as Kevin McCarthy holds a news briefing in the Capitol to speak on the US debt crisis. Earlier this week, Joe Biden and the House Republican speaker met to discuss the debt ceiling, after ...
Speaker Kevin McCarthy passed his debt ceiling bill on Wednesday, but the impasse between Republicans and President Biden over raising the debt limit remains. ... 800-290-4726 more ways to reach us.
In the United States, a default could cause financial markets to freeze up and spark an international financial crisis. WASHINGTON The post Biden and McCarthy reach a final deal to avoid US ...
The bill requires that an amount equal to one day's worth of pay is withheld from Congressional salaries, for each day that a spending bill is not passed. [ 5 ] [ 1 ] The bill, if passed, would first take effect after the 2024 United States elections and first be effective on the 119th United States Congress , so as to comply with the 27th ...
Watch the live video above. House Minority Leader Kevin McCarthy (R-Calif.) is addressing an audience in President Biden’s hometown of Scranton, Pa., in advance of Biden’s anticipated prime ...