Senate Votes to Pass Debt Ceiling Bill - The World News

Senate Votes to Pass Debt Ceiling Bill

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Senate Votes to Pass Debt Ceiling Bill

In a 63-to-36 vote, lawmakers agreed to suspend the nation’s debt limit and put caps on federal spending for two years.

“On this vote, the ayes are 63, the nays are 36. The 60-vote threshold having been achieved. The bill is passed.” “Tonight’s vote is a good outcome because Democrats did a very good job taking the worst parts of the Republican plan off the table, and that’s why Dems voted overwhelmingly for this bill, while Republicans certainly in the Senate did not. Remember what House Republicans originally wanted when they showed us their plan, and compare it to the bill we’re now sending to the president’s desk. The difference is as stark as night and day. Republicans wanted to gut investments we made in the I.R.A., in the Inflation Reduction Act, that are driving a new generation of American manufacturing, billions and billions of investments and thousands upon thousands of jobs. We fought and fought. That ain’t happening. This demanded a bipartisan solution. We knew we need to come together for a solution like the one that passed tonight. And so I’m happy to stand here passing this critical legislation to support our families, preserve vital programs, and, most importantly, avoid catastrophic default.”

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