The debt ceiling deal between President Joe Biden and Speaker Kevin McCarthy has cleared the House of Representatives.
With just six days to go until the default deadline on June 5th, the bill was passed by the Republican-controlled House despite 71 conservative Republicans voting against it.
Some 165 Democrats found the terms of the debt ceiling deal agreeable – indeed, more Democrats than Republicans voted for it, in the end, with MAGA grandee Steve Bannon commenting that it was “always a Democratic Bill”.
**Blink twice if under duress** https://t.co/2jCqVcqsho
— Rep. Matt Gaetz (@RepMattGaetz) May 31, 2023
Some Senate Republicans have already signaled they will vote against the bill, with Senator Rand Paul, for example, saying there is “nothing conservative about a debt deal that grants unlimited borrowing for two years that experts estimate will likely exceed $4 trillion.”
Democrats control the Upper House, however, and Senate Majority Leader Chuck Schumer is expected to begin organizing votes on the bill as soon as today, with a view to hashing out any amendments and getting it on President Biden’s desk by Monday.
Notably, the bill has caused ructions within Republican presidential hopeful Ron DeSantis’s camp, with the Florida Governor appearing to oppose the debt ceiling deal while his spokesman Steve Cortes has publicly endorsed it.
