House Passes McCarthy-Biden Debt Ceiling Compromise Bill

Posted on AllSides May 31st, 2023
From The Right

The U.S. House of Representatives passed the debt ceiling compromise bill on Wednesday that suspends the $31 trillion debt limit until a lame-duck session after the 2024 presidential election. After an hour of debate, lawmakers advanced House Speaker Kevin McCarthy’s (R-CA) Fiscal Responsibility Act, a debt ceiling deal made with President Joe Biden that caused 71 Republicans and 46 Democrats to oppose the legislation. The final vote was 314 to 117 — 149 Republicans joining 165 Democrats. “We’re finally bending the curve on discretionary spending because of this bill, and...

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