Comment on House on track to raise debt ceiling and avert default, with Biden and McCarthy confident of passage

House on track to raise debt ceiling and avert default, with Biden and McCarthy confident of passage

By LISA MASCARO, KEVIN FREKING, STEPHEN GROVES and FARNOUSH AMIRI (Associated Press) WASHINGTON (AP) — The debt ceiling and budget cuts package that would avert a federal default headed toward House passage late Wednesday as President Joe Biden and Speaker Kevin McCarthy assembled a bipartisan coalition of centrist Democrats and Republicans against fierce conservative blowback and progressive dissent. The hard-fought compromise pleased few, but lawmakers assessed it was better than the alternative — devastating economic upheaval — if Congress failed to act.

 

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