A Republican-controlled House committee voted to send a bill to suspend the debt ceiling to the full chamber for a Wednesday vote
The Republican-controlled House Rules Committee voted 7-6 to advance the bill to the floor for a vote on Wednesday.
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US House Rules panel to meet Tuesday on debt ceiling billThe U.S. House Rules Committee said it will meet on Tuesday afternoon to discuss the debt ceiling bill, which needs to pass a narrowly divided Congress before June 5, when the U.S. Treasury says it would run short of money to cover all its obligations.
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Biden and McCarthy's debt limit deal faces first critical testThe House Rules Committee meets Tuesday to go over the bill before a potential full House vote Wednesday.
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Key test ahead on federal debt deal that could prevent a disastrous defaultA key test was coming late Tuesday when the House Rules Committee was to consider the package and vote on sending it to the full House for a vote expected Wednesday.
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Republicans threaten Kevin McCarthy's power'Kevin McCarthy is emasculating himself and the Republican majority,' one House member said Tuesday.
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Bitcoin Edges Below $28K as Investors Eye US Debt Ceiling ProgressBitcoin fell below $28,000 during U.S. trading hours on Tuesday but then steadied as investors monitored progress on a debt ceiling deal. _jocelynyang_ reports
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Debt limit compromise gets thumbs down from Ohio’s JD Vance“The more I learn about this debt ceiling deal, the more I think it’s bad news,” the Cincinnati Republican opined on Twitter.
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