House OKs debt ceiling bill to avoid default, sends Biden-McCarthy deal to Senate - News Summed Up

House OKs debt ceiling bill to avoid default, sends Biden-McCarthy deal to Senate


With an overwhelming House vote, 314-117, the bill now heads to the Senate with passage expected by week's end. To pass it, Mr. Biden and Mr. McCarthy counted on support from the political center, a rarity in divided Washington. In a statement released after the vote, Mr. Biden said: “I have been clear that the only path forward is a bipartisan compromise that can earn the support of both parties. Even rank-and-file centrist conservatives were unsure, leaving Mr. McCarthy searching for votes from his slim Republican majority. Ominously, the conservatives warned of possibly trying to oust Mr. McCarthy over the compromise.


Source: The Hindu June 01, 2023 06:40 UTC



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