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The Latest Breaking News from Kevin McCarthy

US House passes bipartisan bill to raise debt ceiling, avoid default

Lawmakers agreed on a bill that looks to avoid a catastrophic default of the United States. The text will now go to the Senate for approval.

France 24

Debt limit package passes House, heads to Senate - Roll Call

The House passed a bill Wednesday night to suspend the debt limit past the 2024 elections, sending the measure to the Senate.

Roll Call

Angry progressives and conservatives hit out as Democrats push through Biden-McCarthy debt ceiling deal

More Democrats vote to raise the debt limit than Republicans as the bill heads to the Senate

The Independent UK

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

The House overwhelmingly approved the Fiscal Responsibility Act of 2023 Wednesday evening on a 314-117 vote. The bill now heads to the Senate, where it will need 60 votes before it would go to Biden.

WEKU

US House of Representatives votes ‘yes’ on debt-ceiling deal

Speaker Kevin McCarthy faced opposition in his own party to a deal hammered out with the White House to avoid default.

Al Jazeera

US House passes bill to suspend debt ceiling just days before default

With 149 Republicans and 165 Democrats supporting the measure, Biden has called on the Senate to quickly take up the legislation

The Guardian - US

Dems decry GOP's reckless hostage-taking

Bernie Sanders was the first senator to come out against the package negotiated by Joe Biden and Kevin McCarthy

Salon

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It’s time to end the threat of another debt limit crisis

The End the Threat of Default Act would eliminate the manufactured debt limit crisis that is used as a political weapon to damage Democratic presidents.

Chicago Sun-Times

Former Treasury Secretary Summers Criticizes IRS Provisions In Debt Ceiling Agreement

Summers opposes IRS funding cuts in debt ceiling deal, warns of future deficits and tax cheats' advantage.

Zenger

Watch: Representatives debate as House expected to vote on bill to raise debt ceiling

Watch as the US House of Representatives is expected to vote on a bill to raise the debt ceiling on Wednesday 31 May.

The Independent UK

GOPer: 3 days not enough to read bill

Rep. Ralph Norman's argument didn't cut it on Fox News

Salon

NZ's beef with critical US debt ceiling debate

Exporters are nervously watching a key vote in the US Congress that will determine whether the world's biggest economy defaults on its debts. Jonathan Milne reports.

Newsroom.co.nz

Social Security and Medicare Are Ticking Time Bombs

Even taking all the money from every billionaire wouldn't cover our coming bankruptcy.

Reason

Anti-poverty groups and progressives blast work requirements for aid to poor Americans in debt ceiling deal

‘We shouldn’t be playing politics with programs that help Americans meet their basic needs’

The Independent UK

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Axios

House Democrats fracture on debt ceiling vote

“Fair to say that Chip Roy also spoke for most Democrats when he called the deal a ‘turd sandwich.'"

The Independent UK

House Republican majority cut by one after shock resignation of congressman

Representative Chris Stewart is expected to say he will leave Congress by year’s end

The Independent UK

Watch: House Minority Leader Hakeem Jeffries holds press conference ahead of debt ceiling vote

Watch as Hakeem Jeffries, minority leader of the House of Representatives, and other Democrats hold a news conference ahead of a vote on the US debt ceiling on Wednesday evening (31 May).

Roll Call

Debt limit rule adopted after Democrats ride to rescue - Roll Call

The House adopted a rule for the debt ceiling bill after Democrats flooded in to keep the measure on track at the last minute.

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Salon

MAGA threatens McCarthy's speakership

Growing number of House Republicans threaten to use McCarthy's key concession to become speaker to remove him

Al Jazeera

How does US debt rank compared with the rest of the world?

The United States has the world’s largest national debt at $31.4 trillion.

WEKU

House to vote on McCarthy-Biden compromise debt deal, a key test for speaker

Lawmakers are working against the clock to avert an unprecedented debt default. The Treasury Department has said the U.S. could run out of money to pay its bills as soon as June 5.

WEKU

CBO says debt ceiling deal would cut deficits by $1.5 trillion over the next decade

Congressional forecasters say the debt ceiling deal struck by President Biden and House Speaker Kevin McCarthy over the weekend would reduce deficits by about $1.5 trillion over the next decade.

Salon

Default averted, lesson left unlearned

If Democrats don't abolish this monstrous terrorist weapon the next time they get a trifecta, it'll be unforgivable

Roll Call

Debt bill's pipeline provision puts Democrats in a tight spot - Roll Call

House Democrats typically vocal on climate issues were noncommittal when asked how they will vote on the debt limit bill.

The Independent UK

Debt ceiling news – live: House votes to approve McCarthy-Biden deal as opposition collapses

Bill passed House Rules Committee on Tuesday despite Republican rebellion

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