The U.S. House of Representatives passed the consequential legislation package on Wednesday. Officials said the package not only cuts government spending, but suspends the debt ceiling, too, clearing a crucial bar with bipartisan support as Congress races to avert a federal default. With the House vote of 314-117, the bill now heads to the Senate with passage expected by week’s end.
- Republicans, protesting debt ceiling deal, block McCarthy’s House agenda
- Debt ceiling and spending bill passes U.S. House, clearing major hurdle