Debt ceiling deal to prevent default narrowly passes 1st big test in key - News Summed Up

Debt ceiling deal to prevent default narrowly passes 1st big test in key


The debt ceiling deal brokered by President Joe Biden and House Speaker Kevin McCarthy cleared a major procedural hurdle on Tuesday night, just days before a potential default by the U.S. government. PHOTO: Rep. Thomas Massie (R-Ky.) looks on during a House Rules Committee meeting on debt ceiling legislation at the Capitol on May 30, 2023. MORE: Key questions and takeaways from the debt ceiling dealGetting the bill through Congress will hinge on support from moderates in both parties. MORE: Debt ceiling drama hurting American families: ‘We’re being treated like numbers’Schumer and Minority Leader Mitch McConnell, in a rare moment of unity, both praised the debt limit deal in floor remarks on Tuesday. Debt ceiling deal to prevent default narrowly passes 1st big test in key House committee originally appeared on abcnews.go.com


Source: ABC News May 31, 2023 08:45 UTC



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