House Republicans voted to raise the debt ceiling in exchange for steep spending cuts, in an effort to up the pressure on President Joe Biden to negotiate over raising the nation’s borrowing limit.
The House voted 217-215 along party lines to raise the debt ceiling by $1.5 trillion, which would allow the United States to not default on its debt until the end March 2024. Only four Republicans – Representatives Tim Burchett of Tennesseee, Andy Biggs of Florida, Ken Buck of Colorado and Matt Gaetz of Florida – voted against the legislation.
