Phillip Swagel

U.S. House approves debt limit package, sending it to Senate days before default deadline

BY: - May 31, 2023

WASHINGTON — The U.S. House took a broadly bipartisan vote Wednesday night on the debt limit package, sending it to the U.S. Senate where lawmakers are expected to vote quickly to clear the measure. The bill would suspend the nation’s borrowing limit through Jan. 1, 2025 and set caps on discretionary spending for two years. […]