House passes debt ceiling deal
By a vote of 314-117, the House Wednesday night passed a bill that would suspend the nation's debt ceiling and prevent the U.S. government from a potentially disastrous default. The bill now goes to the Senate.
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By a vote of 314-117, the House Wednesday night passed a bill that would suspend the nation's debt ceiling and prevent the U.S. government from a potentially disastrous default. The bill now goes to the Senate.
Some progressive Democrats have slammed the debt ceiling deal. White House communications director Ben LaBolt joins "America Decides" to discuss how the Biden administration plans to sway progressives and what they took away from working with Speaker Kevin McCarthy.
The House is set to vote Wednesday on the debt ceiling deal to avoid a default. Multiple conservative and progressive members have said they oppose the legislation. CBS News congressional correspondent Scott MacFarlane reports from Capitol Hill.
Florida Republican Sen. Rick Scott told CBS News congressional correspondent Nikole Killion he could not support the debt limit bill heading for a House vote Wednesday night.
Republican Rep. Dusty Johnson, of South Dakota, told CBS News' Nikole Killion on Wednesday that he was optimistic the debt limit bill would pass.
CBS News' Nikole Killion spoke with New York Rep. Ritchie Torres, a member of the Congressional Progressive Caucus, Wednesday afternoon about the upcoming House vote on the debt limit bill.
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Even before the debt limit bill comes to a vote in the House, some Republican senators are coming out against the "Fiscal Responsibility Act." CBS News congressional correspondent Scott MacFarlane spoke with Kentucky Republican Sen. Rand Paul about his thoughts on the legislation.
Senate Republicans spoke with reporters Wednesday afternoon about the debt ceiling deal reached by House Speaker Kevin McCarthy and President Biden. Senate Minority Leader Mitch McConnell says he anticipates the bill will pass in the House.
Senate Democratic leadership spoke with reporters about the debt limit bill Wednesday afternoon. Majority Leader Chuck Schumer said no one on either side would call the agreement perfect, but emphasized it spares the U.S. from default.
House Freedom Caucus members are unhappy with the debt ceiling deal between House Speaker Kevin McCarthy and President Biden.
The House is scheduled to vote on a contentious debt ceiling deal struck between President Biden and Speaker Kevin McCarthy on Wednesday. With just days left before the country is unable to pay its bills, some lawmakers on both sides of the aisle are voicing their opposition. CBS News congressional correspondent Nikole Killion is on Capitol Hill.
Lawmakers are under pressure to accept the agreement struck by President Biden and House Speaker Kevin McCarthy, but more than two dozen are vowing to reject it. The debt deal is bound for the House floor Wednesday after clearing the powerful Rules Committee Tuesday night by one vote. CBS News congressional correspondent Nikole Killion and CBS News senior White House correspondent Weijia Jiang have the latest from Washington.
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Congress is gearing up to vote on a bill that would prevent the U.S. government from defaulting on its debt. Both sides made concessions which they are downplaying as they try and sell the deal to their respective parties. CBS News congressional correspondent Scott MacFarlane reports.
Rep. Thomas Massie broke with two other conservatives on the House Rules Committee to advance the legislation to the House floor.
The debt ceiling deal is facing opposition from both sides. Republican House Majority Whip Tom Emmer joined "America Decides" to discuss whether or not there is enough support in his conference to pass the debt ceiling deal.
Some House Republicans have lashed out at Speaker Kevin McCarthy over the deal to raise the debt limit negotiated with the White House. Some have threatened to withhold support for the bill and try to oust McCarthy from his position. Scott MacFarlane reports.
The Biden administration and House Speaker Kevin McCarthy are pushing for lawmakers to pass a debt ceiling deal. Philip Wallach, senior fellow at the American Enterprise Institute, joined CBS News to discuss Congress' role in addressing disagreements over policy and politics.
The White House and House Speaker Kevin McCarthy are both pushing lawmakers to pass the debt ceiling deal which was reached over the weekend. The House Rules Committee will vote Tuesday on whether or not to send the agreement to the floor. CBS News chief White House correspondent Nancy Cordes, and CBS News congressional correspondent Scott MacFarlane, have the latest.
This week on "Face the Nation with Margaret Brennan," House Problem Solvers Caucus chairs Reps. Brian Fitzpatrick and Josh Gottheimer discuss the debt ceiling talks; New York City Mayor Eric Adams discusses the migrant crisis; plus a conversation with former Defense Secretary Robert Gates.
This week on "Face the Nation," House Democratic leader Hakeem Jeffries joins "Face the Nation" to discuss the tentative debt ceiling deal, plus Microsoft president and vice chair Brad Smith discusses the rise of AI.
The debt ceiling deal includes a provision to end the pandemic-related federal student loan payment pause
The White House and Republican leaders reached a tentative debt ceiling deal over Memorial Day Weekend. The agreement gets its first test in a House committee Tuesday afternoon. CBS News congressional correspondent Nikole Killion has more.