![]() The vote lends Republicans new leverage in the debt ceiling fight by removing the Democrats’ argument that GOP leaders have “no plan” to tackle deficit spending. ![]() It moved through the House on Wednesday by a marginal vote of 217-215, with four Republican defections - the most they could spare. ![]() Treasury announced Monday that the government will exhaust the ability to pay all of its obligations “as early as June 1” - even sooner than many lawmakers and economists expected - lending a heightened sense of urgency for both parties to set aside their differences.įor House Republicans, the passage of their debt ceiling package was the opening bid in that effort, and it marked a hard-fought victory for McCarthy and his leadership team, who spent the better part of a week scrambling to convince GOP holdouts to back the bill. Marjorie Taylor Greene (R-Ga.), a McCarthy critic-turned-ally who backed the Republicans’ debt limit package. ![]() “I’m sure it’s going to be tougher,” said Rep. ![]()
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