U.S. debt ceiling bill faces narrow path to passage in House

France Nouvelles Nouvelles

U.S. debt ceiling bill faces narrow path to passage in House
France Dernières Nouvelles,France Actualités
  • 📰 globeandmail
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 92%

The GOP control the House by a narrow 222-213 majority, but the bipartisan deal will need support from both Speaker Kevin McCarthy’s Republicans and President Joe Biden’s Democrats to pass

The U.S. House of Representatives is due to vote on Wednesday on a bill to lift the government’s debt ceiling, a critical step to avoid a potential economically destabilizing default that could come early next week without congressional action.

The solid Democratic opposition is not necessarily indicative of how the 213-member party caucus would vote on the bill itself. During Tuesday’s debate in the House Rules Committee, Republican Representative Chip Roy complained that far greater budget savings were not achieved, as many conservatives had hoped. He added that the bill also failed to turn back landmark Biden administration accomplishments, including vigorous spending to fight the effects of climate change.

The No. 2 Senate Democrat, Dick Durbin, said he was still examining the bill’s details. He told reporters he was especially worried it would harm vital research at the National Institutes of Health, which he called the “premier medical research agency of the world.”

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

globeandmail /  🏆 5. in CA

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

The DFO Rundown Ep. 222 – The Stars Can Make History & The Senators Ownership SituationThe hockey calendar is slowing down, the but Western Conference Final is just heating up. The Dallas Stars have pushed...
Lire la suite »

Debt limit deal heads to vote in full House while McCarthy scrambles for GOP approvalDebt limit deal heads to vote in full House while McCarthy scrambles for GOP approvalUnder fire from conservatives, House Speaker Kevin McCarthy worked furiously Tuesday to sell fellow Republicans on the debt ceiling and budget deal he negotiated with President Joe Biden and win approval in time to avert a potentially disastrous U.S. default.
Lire la suite »

Five bids for Scarborough house on hydro corridorFive bids for Scarborough house on hydro corridorThe house backs onto a hydro corridor, a disadvantage when comparing it to other houses recently sold in the neighbourhood, and one reason why the sellers chose to list just below $1-million
Lire la suite »

U.S. House Rules panel to meet Tuesday to discuss debt ceiling billU.S. House Rules panel to meet Tuesday to discuss debt ceiling billThe debt ceiling bill needs to pass a narrowly divided Congress before June 5, when the U.S. Treasury says it would run short of money to cover all its obligations
Lire la suite »

House of Commons rejects Conservative motion to drop safe supply drug programHouse of Commons rejects Conservative motion to drop safe supply drug programConservatives\u0027 were hoping to redirect money dedicated to taxpayer\u002Dfunded opioids to treatment and recovery programs.
Lire la suite »



Render Time: 2025-03-12 08:59:18