House passes McCarthy's debt ceiling bill with slim majority as Republicans push for fiscal sanity

House Republicans passed a bill to raise the debt limit and cut spending in a narrow 217-215 vote, with every Democrat voting against it and four Republicans also voting no. The bill faces an uphill battle in the Senate, where Majority Leader Chuck Schumer has criticized House Republicans for trying to pair spending cuts with raising the debt limit. President Biden has threatened to veto the bill if it comes to his desk and refused to negotiate spending cuts in conjunction with a debt limit increase. Republicans cast the vote as a win that puts them in the driver's seat in negotiations they hope can happen with President Biden in the coming weeks.