Senate passes bill that starts process of raising debt limit.
J. Scott Applewhite/AP, FILE
On Thursday evening, the Senate passed a bill that will start the process of raising the debt limit with only Democrats' votes., the Senate-passes legislation will permit a one-time change to Senate rules and allow Democrats to raise the federal borrowing limit by a simple majority. Despite only requiring 51 votes, 10 Republicans voted with all Democrats to pass the rule, resulting in a 59-35 margin.On Tuesday, congressional leaders announced a deal that would avert a default of the nation's credit by allowing Democrats to raise the debt ceiling in the Senate without any Republican support, and the House approved the measure along party lines in a late-night 222-212 vote.The bill will now head to President Joe Biden's desk.
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