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Barbara Sprunt

House approves the Biden-McCarthy debt ceiling bill as default deadline looms

Joe Biden Kevin McCarthy Annie Kuster United States Democratic Party NPR

Speaker of the House Kevin McCarthy talks with Reps. Patrick McHenry and Garret Graves, his top negotiators for the debt ceiling bill, during a news conference after its passage in the House. (Drew Angerer/Getty Images)

House lawmakers have passed a piece of compromise legislation brokered between President Biden and House Speaker Kevin McCarthy to avoid an unprecedented debt default with just days to spare.

The Fiscal Responsibility Act of 2023 overwhelmingly cleared the chamber Wednesday evening with a 314-117 vote.

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