U.S. Senate Majority Leader Sen. Chuck Schumer (D-NY) (L) and Senate Minority Leader Sen. Mitch McConnell (R-KY) (R).Alex Wong/Getty Images The Senate made surprising progress Thursday night on the debt ceiling bill, passing it 63 to 36. The bill now heads to President Joe Biden's desk, where it will be signed into law. Monday was the deadline for the bill to pass before the government would default. President Joe Biden and Speaker of the House Kevin McCarthy's debt ceiling bill just cleared its final major hurdle.On Thursday night, the Senate voted to pass the Fiscal Responsibility Act by a vote of 63-36, sending it to Biden's desk just days before the US could default as early as June 5.
The Senate Passes The Bipartisan Debt Ceiling Bill, Sending It To Biden's Desk Just Days Before The Us Defaults
insider@insider.com (Lauren Steussy,Ayelet Sheffey), Business Insider
Thu, 06/01/2023 - 7:55pm
Topics: u.s senate majority leader sen chuck schumer d-ny l senate minority leader sen mitch mcconnell r-ky r).alex wong/getty images the senate house kevin mccarthy fiscal responsibility act june the house congressional budget office snap president biden speaker mccarthy senate majority leader chuck schumer sen bernie sanders sen elizabeth warren politico americans republicans january business insider senate president joe biden biden speaker us twitter democratic sanders bipartisan debt ceiling bill default vote thursday agreement facing corporate programs unhappy pass provisions law night heads passing wednesday final lawmakers spending good protects billionaire wrote
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