US EditionMcCarthy predicts debt ceiling deal will pass U.S. House with Republican support
- US President Joe Biden and House Speaker Kevin McCarthy reached a tentative debt-ceiling deal and expressed confidence that it will pass Congress, averting a historic US default.
- The deal suspends the debt ceiling until January 2025, after the November 2024 presidential election, while boosting spending on the military and veterans' care, and capping it for many discretionary domestic programs.
- Hard-Line Republicans and progressive Democrats have voiced opposition to the agreement, with members of the House Freedom Caucus vowing to try to prevent it from passing the House in a vote expected on Wednesday.
44 Articles
44 Articles
Biden and McCarthy lean on holdouts in both parties to pass debt ceiling deal
(CNN) — Party leaders in Washington are waging an urgent campaign Monday to convince Democrats and Republicans to get behind compromise legislation that would avert a first-ever national default, with each side proclaiming victory following marathon talks. Prospects for passage of the bill, based on the agreement struck between President Joe Biden and Republican House Speaker Kevin McCarthy, grew Sunday as many centrist Democrats fell in line an…
Biden and McCarthy lean on holdouts in both parties to pass debt ceiling deal
Party leaders in Washington are waging an urgent campaign Monday to convince Democrats and Republicans to get behind compromise legislation that would avert a first-ever national default.
Biden and McCarthy lean on holdouts in both parties to pass debt ceiling deal
Party leaders in Washington are waging an urgent campaign Monday to convince Democrats and Republicans to get behind compromise legislation that would avert a first-ever national default.
Biden and McCarthy lean on holdouts in both parties to pass debt ceiling deal
Party leaders in Washington are waging an urgent campaign Monday to convince Democrats and Republicans to get behind compromise legislation that would avert a first-ever national default.
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