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After successful debt ceiling vote, McCarthy takes a victory lap

With a 314-117 House vote to lift the debt ceiling until 2025, Speaker Kevin McCarthy (R-Calif.) proved he could harness his narrow majority to force President Biden to make policy concessions on issues that are deeply important to both parties.

Why it matters: Now Biden and McCarthy will have to decide whether their debt deal will be the first of their political compromises — or their last.


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