Debt ceiling bill clears key hurdle in the House, teeing up final vote
- House Speaker Kevin McCarthy is seeking support from Republicans for the debt ceiling and budget deal he negotiated with President Joe Biden to avoid a US default.
- The deal, which would limit spending over the next two years, faces opposition from conservative factions within the Republican Party who believe it falls short of their expenditure cutback demands.
- Quick passage by both the House and Senate is needed to ensure federal payments continue to be issued, preventing economic turmoil worldwide from the United States' failure to pay its bills.
195 Articles
195 Articles
Majority of U.S. House of Representatives approves debt deal
A majority in the U.S. House of Representatives has approved the agreements to raise the US government's debt ceiling. In the absence of Congressional approval, the United States was in danger of running out of money, causing great chaos in the financial markets.
House of Representatives passes debt ceiling bill
SAN DIEGO (KUSI) – The House of Representatives voted through the crucial debt ceiling bill on Wednesday night after moving beyond a key procedural hurdle. The Chamber approved a rule governing floor debate, clearing the way for a floor vote. Despite massive party division over the legislation, it was passed by majorities from both parties. CNN reporter Karin Caifa joined KUSI’s Rafer Weigel and Hunter Sowards to discuss the bill. Categori…
LIVE-STREAM VIDEO: House Votes on McCarthy's Spending Bill to Raise Debt Ceiling at 8:30 PM Eastern
The House of Representative on Wednesday night is voting on raising the $31.4 trillion debt ceiling that funds the green new deal, decimates the energy sector, funds tens of thousands of new IRS agents, funds the corrupt Chris Wray FBI, and pushes ‘equity’ and ‘equality’ – code words for socialism.
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