![]() ![]() The bill would suspend the debt limit until the first quarter of 2025, after the 2024 elections. ![]() Biden, with some members of the conservative House Freedom Caucus threatening to call a vote to oust McCarthy from the speakership over the deal. "For the first time ever, as a result of the strategic nature of this speaker, we're in a situation where we have legislation before us that will result in the greatest savings in American history."Ĭonservative House Republicans objected to the deal brokered by McCarthy and Mr. "It is absolutely historic," Graves said on the House floor ahead of the vote. Garret Graves, one of the Republicans who negotiated the deal with the White House, expressed frustration that the nation has accumulated so much debt, but touted the bill's "historic" savings and urged his colleagues to pass the legislation. "The question that remains right now is what will the House Republican majority do? It appears that you may have lost control of the floor of the House of Representatives," Jeffries said ahead of the vote. House Minority Leader Hakeem Jeffries said Democrats will "continue to do what is necessary" to "build an economy that works for everyday Americans," but blasted Republican leadership for not being able to keep their party in lock step. Nicole Malliotakis of New York summarized on the House floor ahead of the vote.įormer House Speaker Nancy Pelosi said that while she finds the legislation "objectionable," it would avert a catastrophic default. dollar and Americans' retirement savings," Republican Rep. And we need to avert a default that would stop checks to seniors, benefits for our veterans, hurt the U.S. Speaker, the Rolling Stones said, you can't always get what you want, you get what you need. Ahead of the final vote, Republican and Democratic members urged the bill's passage, while recognizing they didn't get everything they wanted. More than 50 Democrats ended up supporting the rule, clearing the way for a vote on final passage later in the evening. I want to thank Speaker McCarthy and his team for negotiating in good faith, as well as Leader Jeffries for his leadership."Įarlier Wednesday, a rule to move the bill forward briefly appeared in danger of failing, with nearly 30 Republicans voting against it. "This budget agreement is a bipartisan compromise. "Tonight, the House took a critical step forward to prevent a first-ever default and protect our country's hard-earned and historic economic recovery," Mr. President Biden called the bill "good news for the American people and the American economy," and urged the Senate to take up the legislation as soon as possible. Among Republicans, 149 voted for the bill and 71 voted against it, while 165 Democrats voted for the legislation and 46 voted against it. Washington - The House voted late Wednesday to approve legislation to suspend the debt ceiling and limit government spending, sending the measure to the Senate in a strong bipartisan vote that allayed fears of an unprecedented government default.Ī majority of Democrats and a majority of Republicans voted "yes" on the Fiscal Responsibility Act of 2023 on Wednesday night, for a final tally of 314-117. ![]()
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