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After sailing though House on bipartisan vote, Biden-McCarthy debt ceiling deal now goes to Senate
After sailing though House on bipartisan vote, Biden-McCarthy debt ceiling deal now goes to Senate
Veering away from a default crisis, the House overwhelmingly approved a debt ceiling and budget cuts package, sending the deal that President Joe Biden and Speaker Kevin McCarthy negotiated to the Senate for swift passage in a matter of days, before a fast-approaching deadline. The hard-fought compromise pleased few, but lawmakers assessed it was better than the alternative — a devastating economic upheaval if Congress failed to act. Tensions ran high as hard-right Republicans refused the deal, but Biden and McCarthy assembled a bipartisan coalition to push to passage on a robust 314-117 vote late Wednesday. “We did pretty dang good,” McCarthy, R-Calif., said afterward. Amid deep discontent from Republicans who said the spending restrictions did not go far enough, McCarthy said it is only a “first step." Biden, watching the tally from Colorado Springs where Thursday he is scheduled to deliver the commencement address at the U.S. Air Force Academy, phoned McCarthy and the other congressional leaders after the vote. In a statement, he called the outcome “good news for the American people and the American economy.” Washington is rushing after a long slog of debate to wrap up work on the package to ensure the government can keep paying its bills, and prevent financial upheaval at home and abroad. Next Monday is when the Treasury has said the U.S. would run short of money and risk a dangerous default. Biden had been calling lawmakers directly to shore up backing. McCarthy worked to sell skeptical fellow Republicans, even fending off challenges to his leadership, in the rush to avert a potentially disastrous U.S. default. A similar bipartisan effort from Democrats and Republicans will be needed in the Senate to overcome objections. Overall, the 99-page bill would make some inroads in curbing the nation’s deficits as Republicans demanded, without rolling back Trump-era tax breaks as Biden wanted. To pass it, Biden and McCarthy counted on support from the political center, a rarity in divided Washington. A compromise, the package restricts spending for the next two years, suspends the debt ceiling into January 2025 and changes some policies, including imposing new work requirements for older Americans receiving food aid and greenlighting an Appalachian natural gas line that many Democrats oppose. It bolsters funds for defense and veterans, and guts new money for Internal Revenue Service agents. Raising the nation's debt limit, now $31 trillion, ensures Treasury can borrow to pay already incurred U.S. debts. Top GOP deal negotiator Rep. Garret Graves of Louisiana said Republicans were fighting for budget cuts after the past years of extra spending, first during the COVID-19 crisis and later with Biden's Inflation Reduction Act, with its historic investment to fight climate change paid for with revenues elsewhere. But Republican Rep. Chip Roy, a member of the Freedom Caucus helping to lead the opposition, said, “My beef is that you cut a deal that shouldn’t have been cut.” For weeks negotiators labored late into the night to strike the deal with the White House, and for days McCarthy has worked to build support among skeptics. At one point, aides wheeled in pizza at the Capitol the night before the vote as he walked Republicans through the details, fielded questions and encouraged them not to lose sight of the bill’s budget savings. The speaker has faced a tough crowd. Cheered on by conservative senators and outside groups, the hard-right House Freedom Caucus lambasted the compromise as falling well short of the needed spending cuts, and they vowed to try to halt passage. A much larger conservative faction, the Republican Study Committee, declined to take a position. Even rank-and-file centrist conservatives were unsure, leaving McCarthy searching for votes from his slim Republican majority. Ominously, the conservatives warned of possibly trying to oust McCarthy over the compromise. One influential Republican, former President Donald Trump, held his fire: "It is what it is,” he said of the deal in an interview with Iowa radio host Simon Conway. House Democratic leader Hakeem Jeffries said it was up to McCarthy to turn out Republican votes in the 435-member chamber, where 218 votes are needed for approval. As the tally faltered on an afternoon procedural vote, Jeffries stood silently and raised his green voting card, signaling that the Democrats would fill in the gap to ensure passage. They did, advancing the bill that hard-right Republicans, many from the Freedom Caucus, refused to back. “Once again, House Democrats to the rescue to avoid a dangerous default,” said Jeffries, D-N.Y. “What does that say about this extreme MAGA Republican majority?” he said about the party aligned with Trump’s ”Make America Great Again” political movement. Then, on the final vote hours later, Democrats again ensured passage, leading the tally as 71 Republicans bucked their majority and voted against it. The nonpartisan Congressional Budget Office said the spending restrictions in the package would reduce deficits by $1.5 trillion over the decade, a top goal for the Republicans trying to curb the debt load. In a surprise that complicated Republicans' support, however, the CBO said their drive to impose work requirements on older Americans receiving food stamps would end up boosting spending by $2.1 billion over the time period. That's because the final deal exempts veterans and homeless people, expanding the food stamp rolls by 78,000 people monthly, the CBO said. Liberal discontent, though, ran strong as nearly four dozen Democrats also broke away, decrying the new work requirements for older Americans, those 50-54, in the food aid program. Some Democrats were also incensed that the White House negotiated into the deal changes to the landmark National Environmental Policy Act and approval of the controversial Mountain Valley Pipeline natural gas project. The energy development is important to Sen. Joe Manchin, D-W.Va., but many others oppose it as unhelpful in fighting climate change. On Wall Street, stock prices were down Wednesday. In the Senate, Democratic Majority Leader Chuck Schumer and Senate Republican leader Mitch McConnell are working for passage by week's end. Schumer warned there is ”no room for error." Senators, who have remained largely on the sidelines during much of the negotiations, are insisting on amendments to reshape the package. But making any changes at this stage seemed unlikely with so little time to spare before Monday's deadline. ___ AP White House Correspondent Zeke Miller, AP writers Mary Clare Jalonick, Seung Min Kim and Jill Colvin and video journalist Nathan Ellgren contributed to this report. Read More Ukraine war’s heaviest fight rages in east - follow live Charity boss speaks out over ‘traumatic’ encounter with royal aide Debt ceiling deal advances pipeline and tweaks environmental rules. But more work remains. Republicans get their IRS cuts; Democrats say they expect little near-term impact Progressives and conservatives complain as Biden-McCarthy debt deal passes
2023-06-01 12:51
Who is Wayde van Niekerk's wife? 400m world record holder married 'girl of his dreams' Chesney Campbell
Who is Wayde van Niekerk's wife? 400m world record holder married 'girl of his dreams' Chesney Campbell
Wayde van Niekerk is a South African track and field sprinter who holds the World and Olympic records in the 400 meters category
2023-07-29 21:16
How tall is IShowSpeed? YouTuber once measured his height during live stream after chat labeled him 'midget'
How tall is IShowSpeed? YouTuber once measured his height during live stream after chat labeled him 'midget'
IShowSpeed's height has been a subject of curiosity and jokes among fans due to his initial claim of 6 feet, later revising it to 6'1"
2023-08-09 19:56
Suspect set to plead guilty in attack that killed 5 at Colorado Springs sanctuary for LGBTQ+
Suspect set to plead guilty in attack that killed 5 at Colorado Springs sanctuary for LGBTQ+
The suspect in a mass shooting at a Colorado Springs gay nightclub is expected to plead guilty in an attack that killed five people and wounded 17 last year at the longtime sanctuary for the LGBTQ+ community in the mostly conservative city
2023-06-26 12:19
'Reality bites': High inflation and rates hit UK consumer confidence
'Reality bites': High inflation and rates hit UK consumer confidence
By Suban Abdulla LONDON British consumers have turned more pessimistic in the face of rising interest rates and
2023-07-21 07:54
The winners at the 76th Cannes Film Festival
The winners at the 76th Cannes Film Festival
The 76th edition of the Cannes Film Festival ended Saturday in the South of France with the awarding of its...
2023-05-28 05:19
Marjorie Taylor Greene accidentally refers to ‘Israel’s apartheid wall’ in speech praising barriers
Marjorie Taylor Greene accidentally refers to ‘Israel’s apartheid wall’ in speech praising barriers
Rep Marjorie Taylor Greene of Georgia, ordinarily a strong supporter of Israeli policy, referred to the country’s “apartheid wall” during an address in the US House of Representatives. Israel has again been in the headlines in Washington this week after Rep Pramila Jayapal of Washington called Israel a “racist state” before walking her comments back over the weekend. The House overwhelmingly voted in favour on Tuesday of a resolution backing Israel that did not name Ms Jayapal but appeared to be crafted in response to her comments. Israeli President Isaac Herzog, meanwhile, is set to address a joint session of Congress on Wednesday that several progressive lawmakers have announced they will boycott. On Tuesday, Ms Greene waded into the fray. In a speech on the importance of borders, Ms Greene quoted from an article that referred to the giant wall Israel has constructed between its territory and the Palestinian West Bank as an “apartheid” wall. “Walls are very important for most countries,” Ms Greene began. “There’s many countries with walls. I have one article here that comes from earlier this month that says, talking about 65 countries that have erected fences on their borders, also talking about walls, talking about security fears, widespread refusals to help refugees have fueled a new spate of wall-building around the world. “They include Israel’s apartheid — “apartheid” — wall, India’s 2,500-mile fence around Bangladesh, and Morocco’s huge sand berm,” Ms Greene continued. “So many countries around the world agree that walls are important in protecting the people within the country.” It was not immediately clear which article Ms Greene was citing, but if the second-term lawmaker from Georgia chooses to stand by her characterisation of Israel’s policy towards the Palestinians as apartheid, she will be in good company. Two years ago, Human Rights Watch said Israel is guilty of crimes against humanity in the West Bank and Gaza including apartheid. Public opinion in the Democratic Party, meanwhile, has shifted to the point where more Democrats now say their sympathies primarily lie with the Palestinians rather than Israel. That change in opinion has not, however, been reflected in Congress. Only nine members of the House opposed Tuesday’s resolution on support for Israel, all progressives. With just a pair of exceptions, the rest of the Democratic caucus and all voting Republicans supported the resolution. Mr Herzog, the Israeli president, serves as head of state while Prime Minister Benjamin Netanyahu serves as head of government. Mr Herzog visited President Joe Biden at the White House on Tuesday. Read More AOC and other progressives to boycott Israeli president’s joint address to Congress Republicans under fire for hosting Robert F Kennedy Jr on the Hill in wake of antisemitism claims
2023-07-19 09:26
China's biggest state banks cut interest rates on yuan deposits
China's biggest state banks cut interest rates on yuan deposits
BEIJING China's biggest banks on Thursday said they have lowered their interest rates on yuan deposits, action that
2023-06-08 10:49
US Labor Market Is Cooling Without Big Losses, Fed’s Waller Says
US Labor Market Is Cooling Without Big Losses, Fed’s Waller Says
Federal Reserve Governor Christopher Waller said the US labor market is cooling this year without there being a
2023-11-08 00:48
Jared Leto's dating history: Actor-musician has a long list of celebrity exes
Jared Leto's dating history: Actor-musician has a long list of celebrity exes
Jared Leto, described by his ex-girlfriend Scarlett Johansson as 'forever unavailable,' has had several high profile romances in the past
2023-11-20 16:55
Andrew Tate's controversial Quran photo triggers fierce backlash from Islamic community: 'This guy is literally mocking Muslims'
Andrew Tate's controversial Quran photo triggers fierce backlash from Islamic community: 'This guy is literally mocking Muslims'
Andrew Tate's photo sparked conversations about cultural appropriation, religious sensitivity, and influencers' responsibility toward public
2023-06-17 13:26
Ohio police chief says K-9 handler was deceptive during probe of dog attack on surrendering trucker
Ohio police chief says K-9 handler was deceptive during probe of dog attack on surrendering trucker
Documents pertaining to the firing of an Ohio police officer who released his police dog on a surrendering truck driver show he was disciplined days before his termination for his behavior after the incident
2023-08-02 02:25