Debt ceiling deal clears House and heads to Senate for urgent vote.

The Senate is racing to pass the debt ceiling deal negotiated by President Joe Biden and House Speaker Kevin McCarthy by the end of the week, with a final vote expected on Friday. All 100 senators will need to agree to speed up consideration of the measure, and amendment votes are meant to get the whole chamber on board. The Senate needs to pass the debt ceiling bill and send it to Biden’s desk for his signature by Monday to avoid a U.S. default, according to the Treasury Department.