'This is a compromise': How the White House is defending the debt ceiling bill

Deputy Director of the National Economic Council Bharat Ramamurti, pictured at a White House briefing last August, spoke to Morning Edition after the House passed its debt ceiling bill. (Alex Wong/Getty Images)

House lawmakers passed a bill to suspend the debt ceiling, enabling the U.S. to pay off its bills while also cutting federal spending going forward.

The Fiscal Responsibility Act of 2023 passed the House in a bipartisan 314-117 vote Wednesday night, with just days to spare and concessions on both sides, as NPR has reported.