BREAKING: House passes McCarthy-Biden debt ceiling deal, sends to Senate five days before funding crunch
Former Sen. Joe Lieberman weighs in on the U.S. House preparing to pass the debt ceiling bill on 'Your World.'negotiated between President Biden and House Speaker Kevin McCarthy, putting Congress on track to allow more borrowing just days before the government is expected to run out of money.
"I thank House Democrats for your steady hand, for your unity of purpose, for your efforts to make sure that we push back the extreme mega Republican efforts to jam right wing cuts down the throats of the American people that would have undermined the health, the safety and the economic well-being of everyday Americans," Minority Leader Hakeem Jeffries said on Wednesday night.US House Speaker Kevin McCarthy, R-Calif.
"Tonight we’re going to do something we haven’t done before," McCarthy said."Tonight, we are going to vote for the largest savings in American history – over $2.1 trillion. That’s what we’re voting for. Every great nation that has overextended itself has collapsed."The House vote sends the bill to the Senate, where Majority Leader Chuck Schumer promised earlier in the day it would hit the floor"as soon as possible.
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