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The Guardian - US
The Guardian - US
World
Joan E Greve

US debt ceiling deal narrowly passes Senate averting catastrophic federal default

Chuck Schumer Joe Biden Kevin McCarthy Lindsey Graham Mitch McConnell Republican
A view of the US Capitol
As part of the negotiations, the House speaker, Kevin McCarthy, successfully pushed for modest government spending cuts. Photograph: Anadolu Agency/Getty Images

The Senate narrowly passed a bill to suspend the debt ceiling on Thursday night, sending the legislation to Joe Biden’s desk and averting a federal default that could have wreaked havoc on the US economy and global markets.

The final vote was 63 to 36, with 46 Democrats and 17 Republicans supporting the bill while five Democrats and 31 Republicans opposed the legislation. Sixty votes were needed to pass the bill.

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