World News 1: US House passes debt ceiling bill in tactical victory for Kevin McCarthy
Posted: Thu Apr 27, 2023 1:38 am
Republican package challenges Biden to negotiate, but has little hope of success in Senate as spending standoff loomsHouse Republicans narrowly passed sweeping legislation on Wednesday that would raise the government’s legal debt ceiling by $1.5tn in exchange for steep spending restrictions, a tactical victory for the House speaker Kevin McCarthy as he challenges Joe Biden to negotiate and prevent a catastrophic federal default this summer.Biden has threatened to veto the Republican...
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