TITILE:Oscar winner for Best Actor
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Fox News reported on the evening of the 31st local time: The House of Representatives passed the McCarthy-Biden debt ceiling agreement and submitted it to the Senate five days before the funding crunch. The House passed legislation late Wednesday to implement the debt-ceiling deal negotiated between President Biden and House Speaker Kevin McCarthy, putting Congress on track to allow more borrowing days before the administration is expected to run out of money. The bill passed by 314 votes in favor and 117 against, with a bipartisan majority in favor of the agreement, which also meets Republican demands for cuts in nondefense discretionary spending over the next two years. Republicans voted 149 to 71 to support the bill, and Democrats voted 165 to 46.
Many Republicans who opposed the bill complained that its spending cuts were not strong enough, and many urged McCarthy to return to the original Limit, Save, Growth Act — a bill that House and Senate Democrats criticized as the “American Default Act.”
Author:Catherine
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