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Jun 02 2023
News
The US debt ceiling deal passed the Senate vote unscathed
America is one signature away from staving off a disastrous default. The Fiscal Responsibility Act, which freezes the debt ceiling until Jan. 1, 2025 and sets new discretionary spending limits, was approved by the Senate in a 63-36 vote yesterday (June 1). None of the 11 amendments proposed were approved, leaving some lawmakers dissatisfied. President Joe Biden is expected to sign the bill
Quartz
Jun 01 2023
News
Senate passes debt ceiling deal, staving off default
The Senate on Thursday night passed legislation to lift the nation's debt ceiling and stave off what would've been an economically disastrous default days before Monday's deadline. The bill will now go to President Joe Biden's desk for his signature. The Fiscal Responsibility Act, the product of weeks of contentious negotiation between Biden and House Speaker Kevin McCarthy, will raise the $31
ABC News (Online)
Jun 01 2023
News
Five things to watch as the Senate considers debt ceiling bill
The Senate is now considering the debt ceiling agreement made between President Joe Biden and House Speaker Kevin McCarthy (R-CA).
The chamber faces a swiftly approaching deadline before the United States defaults on its debt for the first time in history, with Senate Majority Leader Chuck Schumer (D-NY) saying on Wednesday that the Senate would "move quickly" to pass the bill and send
Washington Examiner
Jun 01 2023
News
Debt ceiling bill clears Senate, heads to Biden's desk
Share on email (opens in new window) Share on email (opens in new window) Share on linkedin (opens in new window) Share on linkedin (opens in new window) Share on twitter (opens in new window) Share on twitter (opens in new window) Share on facebook (opens in new window) Share on facebook (opens in new window) The Senate passed a bill Thursday to raise the debt ceiling into 2025 and cut the
Axios
Jun 01 2023
News
Colorado Congresswoman Lauren Boebert misses debt ceiling vote
Colorado Congresswoman Lauren Boebert missed Wednesday's debt ceiling vote. The Republican representing Colorado's 3rd congressional district had vocally opposed the bill leading up to the vote. US Representative Lauren Boebert (R-CO), joined by members of the House Freedom Caucus, speaks on the debt limit deal outside the US Capitol in Washington, DC, on May 30, 2023. Republican and
CBS News (Online)
Jun 01 2023
News
A clueless Lauren Boebert misses the vote on the debt ceiling deal
This was really a busy week for CO. Rep. Lauren Boebert, assuming time spent on Twitter falls within her job description. In the run-up to the week’s main event -- the House’s vote on whether to lift the nation’s debt ceiling -- Boebert tweeted her doubtlessly well-researched opinions on the issue some 23 times. If the U.S. taxpayer paid their congressional representatives by the tweet,
Daily Kos
May 31 2023
News
House Passes McCarthy-Biden Debt Ceiling Compromise Bill
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
The Daily Wire
Jun 01 2023
News
Schumer pushes debt ceiling through Senate with slight of hand
Majority Leader Chuck Schumer on Thursday pulled procedural tricks out of his hat in an effort to short circuit right-wing stall tactics and rush the debt ceiling increase through the Senate. Facing a Monday deadline, the wily Brooklyn Democrat started the clock ticking to a final passage within minutes after the House passed the bill to avert a national default, a move that shaves 24 hours
New York Daily News
Jun 01 2023
Analysis
Debt-Ceiling Deal Makes It Kevin McCarthy 3, Detractors 0
For House Speaker Kevin McCarthy, pursuing a bipartisan deal to avoid defaulting on the nation’s debt meant putting his own job at risk. Now he is taking a victory lap, even as threats to his leadership endure in corners of his party.
On Wednesday, the California Republican successfully shepherded a must-pass bill through the House to suspend the $31.4 trillion debt ceiling into early
Wall Street Journal (News)
Jun 01 2023
News
House Approves Debt Ceiling Deal Slammed by Progressives as “Extortion”
The House of Representatives has approved legislation to suspend the debt ceiling, just days before the U.S. is set to run out of money to pay its bills. Wednesday’s vote was 314 to 117, with a majority of House Democrats voting in favor. If it’s approved by the Senate, the legislation will cap domestic spending below the current rate of inflation, while allowing larger increases to the
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