House Republicans pass US debt Bill in effort to push Joe Biden on spending

House Republicans pass US debt Bill in effort to push Joe Biden on spending
Speaker of the House Kevin McCarthy (J Scott Applewhite/AP)

House Republicans in the US have narrowly passed sweeping legislation that would raise the government’s legal debt ceiling by 1.5 trillion dollars, in exchange for steep spending restrictions.

The move represents a tactical victory for speaker Kevin McCarthy as he challenges President Joe Biden to negotiate and prevent a catastrophic federal default this summer.

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €120 €60

Best value

Monthly €10€5 / month

More in this section

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited