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5/30/2023 3:43 pm  #1


The latest on the US debt ceiling deal

The debt limit deal reached by President  Biden and House Speaker Kevin McCarthy is facing a crucial test Tuesday afternoon as the House Rules Committee meets to decide whether to advance the legislation.

Some of the bill's loudest conservative critics sit on the panel, and pressure is growing on the House leadership to get a final floor vote tomorrow.

GOP hardliners have slammed the deal, vowing to sink it in the chamber and question McCarthy's leadership. McCarthy said Tuesday he’s confident he’ll have the votes and is not concerned about losing his speaker-ship.

Lawmakers are racing to pass the bill through both chambers and avert a catastrophic default ahead of the expected June 5 deadline.

 

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