House Passes Debt Ceiling Agreement
Summary from the AllSides News Team
On Tuesday, the House of Representatives voted to pass new legislation that would set up the process for raising the debt ceiling through a simple majority vote in the Senate. The House vote passed 222-212, with Adam Kinzinger of Illinois being the lone Republican to join Democrats in voting for the bill.
The vote passed as Senate Majority Leader Chuck Schumer and Minority Leader Mitch McConnell reached an agreement to create this one-time process of a simple majority vote that would let Democrats raise the debt ceiling without any Republican support. A number of Republican lawmakers disagree with this agreement, but McConnell is hoping to avoid a default on Dec. 15, when the debt limit will be reached and the government would be in default. The measure will be taken up by the Senate on Thursday.
Featured Coverage of this Story
From the Right
House sets stage to increase debt ceiling
The House of Representatives passed a bill Tuesday that sets the stage to raise the debt ceiling without even one Republican vote.
The move comes as part of a convoluted deal struck by congressional leaders of both parties to allow a one-time solution to avoid federal default by letting Democrats lift the debt limit.
The deal forces Democrats to specify an exact amount the debt will be raised, and it allows them to get the measure through the evenly split Senate without risk of the Republican minority blocking the move by...
From the Center
House takes key step toward raising the debt ceiling as deadline draws closer
The House took a first step Tuesday toward preventing a possible default on U.S. debt.
The chamber passed a bill that would allow the Senate to raise the country’s borrowing limit with a simple majority vote. Lawmakers attached the provision to legislation that would prevent automatic Medicare cuts set to take place at the end of the year.
The measure will head to the Senate. It will need 10 Republican votes to pass and go to President Joe Biden’s desk.
Once the president signs the bill, the House and Senate...
From the Left
House passes new debt ceiling plan after McConnell cuts deal with Democrats
Senate Majority Leader Chuck Schumer and Senate Minority Leader Mitch McConnell have reached an agreement to create a one-time process that would let Democrats raise the debt ceiling on their votes alone, a deal that underscores the lengths the GOP leader will go to avoid a damaging default without Republican support to increase the national borrowing limit.
The House took the first step to implement the plan on Tuesday by voting to pass new legislation that will set up the debt limit process. The final vote was 222-212. GOP Rep. Adam Kinzinger of Illinois...
AllSides Picks
May 15th, 2024
May 13th, 2024
May 12th, 2024
May 11th, 2024
More News about Politics from the Left, Center and Right
From the Left
From the Center
From the Right
