House Passes Debt Deal to Avoid Default

With barely five days remaining until the projected "X-date" on which the United States is set to default on its debt, House Speaker Kevin McCarthy (R-CA) brought the Fiscal Responsibility Act — legislation resulting from a negotiated spending deal made with President Joe Biden — to the floor for consideration. The result: successful passage of the 99-page bill in a vote that came down 314-117. Falling along anything but party lines, the legislation to raise the debt ceiling and avoid default was supported by 165 House Democrats and 149 House...