Congress Passes Debt Ceiling Bill with Bipartisan Support.

1 min read
Source: The New York Times
Congress Passes Debt Ceiling Bill with Bipartisan Support.
Photo: The New York Times
TL;DR Summary

The US House is set to vote on a bill to raise the government debt ceiling and set federal spending limits, which would suspend the debt limit for two years and freeze federal spending. The bill is the result of weeks of negotiations between the White House and House Republicans, and includes policy concessions from the Biden administration. Both Republican and Democratic leaders will need to corral their mainstream rank-and-file to vote for the bill in order to push it through the closely divided House.

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