Debt limit deal heads to vote in full House

1 year ago 13

WASHINGTON (AP) — Under fire from conservatives, House Speaker Kevin McCarthy worked furiously Tuesday to sell fellow Republicans on the debt ceiling and budget deal he negotiated with President Joe Biden and win approval in time to avert a potentially disastrous U.S. default.

Meeting behind closed doors over pizza for more that two hours at the Capitol, McCarthy walked Republicans through the details, fielded questions and encouraged them not to lose sight of the bill's budget savings, even though they are far less than many conservatives wanted.

“We’re going to pass the bill,” McCarthy said as he exited the session.

The hard-fought measure is now headed to a House vote Wednesday. Quick approval by both the House and Senate would ensure government checks will continue to go out to Social Security recipients, veterans and others, and prevent financial upheaval worldwide by allowing Treasury to keep paying U.S. debts.

Overall the 99-page package restricts spending for the next two years, lifts the debt limit and includes policy changes such as new work requirements for older Americans receiving food aid and approval of an Appalachian energy pipeline that many Democrats oppose. The House Rules Committee on Tuesday voted 7-6, with two Republicans opposed, to advance the measure to the floor, signaling the tough vote still ahead.

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