Headline from Duluth News Tribune, on the newest of 3 developments
The House of Representatives and the Senate passed the legislation this week after Biden and House of Representatives Speaker Kevin McCarthy reached an agreement following tense negotiations.
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The Biden White House has struggled to communicate its wins. They need to fix their messaging. Winning the debt ceiling fight is among his top accomplishments.
Approval in the Senate on a bipartisan vote, 63-36, reflected the overwhelming House tally the day before, relying on centrists in both parties to pull the Biden-McCarthy package to passage.
The U.S. Senate on Thursday passed bipartisan legislation backed by President Joe Biden that lifts the government's $31.4 trillion debt ceiling, averting what would have been a historic, first-ever default.
Fending off a U.S. default, the Senate gave final approval late Thursday to a debt ceiling and budget cuts package, grinding into the night to wrap up work on the bipartisan deal and send it to President Joe Biden’s desk to become law before the fast-approaching deadline.
Fending off a U.S. default, the Senate gave final approval late Thursday to a debt ceiling and budget cuts package, grinding into the night to wrap up work on the bipartisan deal and send it to President Joe Biden's desk to become law before the fast-approaching deadline.
After weeks of hard-fought budget negotiations, the deal shelves the volatile debt ceiling issue that risked upending the U.S. and global economy. Biden is expected to swiftly sign it into law.
President Biden is expected to sign legislation that suspends the debt ceiling and curbs federal spending as early as Friday and plans to deliver remarks from the White House on the bipartisan measure.
The Senate passed legislation negotiated by President Joe Biden and Speaker Kevin McCarthy (R-CA) to suspend the debt ceiling and set federal spending limits with just enough support to pull the nation back from the brink of economic catastrophe days from Monday’s deadline when the Treasury has…
Approval in the Senate on a bipartisan vote, 63-36, somewhat reflected the overwhelming House tally the day before, relying on centrists in both parties to pull the Biden-McCarthy package to passage - though Democrats led the tally in both chambers.