Schumer vows to keep Senate in session until debt ceiling bill is passed.

1 min read
Source: Reuters
Schumer vows to keep Senate in session until debt ceiling bill is passed.
Photo: Reuters
TL;DR Summary

The US Senate will remain in session until it passes a bill to lift the government's $31.4tn debt ceiling, according to Democratic Majority Leader Chuck Schumer. The chamber has just four days left to pass the measure, which would suspend the limit through Jan. 1, 2025, and send it to President Joe Biden to sign, averting a catastrophic default. The Republican-controlled House passed the bill on Wednesday evening in a 314-117 vote. McCarthy lost the support of dozens of his fellow Republicans.

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