Debt limit bill to be voted on by House Republicans through 2024.

House Speaker Kevin McCarthy announced that House Republicans will vote on their own debt ceiling bill to empower the U.S. to meet its obligations until 2024. McCarthy criticized President Joe Biden for refusing to negotiate policy conditions for extending the debt limit, a position that most Democrats support. Any bill would need approval from the Democratic-led Senate before heading to Biden's desk for his signature. McCarthy oversees a narrow House majority and it won’t be easy for him to find the votes to pass a debt limit hike without bipartisan support.