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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 ...
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 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
In May 2023, McCarthy negotiated with President Joe Biden on a deal to resolve a debt-ceiling crisis and an imminent debt default. In response, Republicans, led by Gaetz , balked and blocked consideration of a bill protecting gas stoves against federal regulations. [ 6 ]
President-elect Trump harshly criticized the House GOP and former Speaker Kevin McCarthy (R-Calif.) on Sunday for a 2023 vote to raise the debt ceiling through Jan. 1, 2025. Trump in a post on ...
The House’s passage of a debt limit deal Wednesday night marks the end of a pivotal chapter for the new House GOP majority, putting Congress on a path to avoid a default and securing a huge ...
In May 2023, amid a debt-ceiling crisis, McCarthy worked closely with President Biden to resolve the issue. [154] [155] Members of the Freedom Caucus attempted to persuade McCarthy to make more robust demands in exchange for raising the debt ceiling, but with days until a potentially disastrous default, McCarthy did not do so.