Debt-limit deal wins house passage, easing US default concerns
Lawmakers from both parties joined to approve the bill 314-117, marking a rare moment of bipartisan accord in a bitterly divided Washington
The House passed debt-limit legislation forged by President Joe Biden and Speaker Kevin McCarthy that would impose restraints on government spending through the 2024 election and avert a destabilizing US default.
Lawmakers from both parties joined to approve the bill 314-117 Wednesday evening, sending the measure to the Senate for consideration as a default deadline draws near. The vote cements Biden’s reputation for pragmatism and working across party lines as he seeks a second term ...