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The Guardian - US
The Guardian - US
World
Guardian staff

Debt ceiling bill: key takeaways from the vote

Kevin McCarthy speaks at a lectern.
The US House speaker, Kevin McCarthy, claimed the Fiscal Responsibility Act would herald ‘the largest savings in American history’. Photograph: Jonathan Ernst/Reuters

The US House of Representatives passed the much-debated debt ceiling bill by an overwhelming majority in a bipartisan vote on Wednesday evening, moving the country closer to avoiding a potentially catastrophic default.

The bill now goes to the Senate, the Democratic majority chamber, where most legislation needs votes from at least 60 senators to pass. It then can move to President Joe Biden’s desk for his signature.

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