Senate Approves Debt Ceiling Deal, Biden to Sign.
TL;DR Summary
The Senate has given final approval to a debt ceiling and budget cuts package, which was negotiated between President Joe Biden and House Speaker Kevin McCarthy. The package suspends the debt ceiling until January 2025, imposes new work requirements for older Americans receiving food aid, and greenlights an Appalachian natural gas line that many Democrats oppose. The bill restricts spending for the next two years, bolsters funds for defense and veterans, and cuts back new money for Internal Revenue Service agents. The Senate passed the bill on a bipartisan vote of 63-36, and Biden said he would sign it into law as soon as possible.
- Just days to spare, Senate gives final approval to debt ceiling deal, sending it to Biden The Associated Press
- Bill to raise federal debt ceiling awaits final passage in Senate PBS NewsHour
- Senate passes debt limit bill MSNBC
- Opinion | Biden is delivering on his most far-fetched pledge: Compromise The Washington Post
- Kevin McCarthy’s debt ceiling triumph has Republican hardliners seething MSNBC
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