The Damage Report
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Biden Debt Ceiling PASSES Senate Despite Unexpected Voter Holdout
Posted
June 2, 2023
Views
5,997
Likes
393
Comments
77
Engagement
7.84%
June 2, 2023
5,997
393
77
7.84%
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4:25Now PlayingPresident Biden's debt ceiling bill, negotiated with House Speaker Kevin McCarthy, passes through the Senate despite some Democrats' disapproval, including John Fetterman, Elizabeth Warren, Ed Markey and more. John Iadarola and Brett Erlich break it down on The Damage Report.
Read more here:
Debt Ceiling Senate Passes Debt Limit Bill
"What to know about the Senate’s passage of the debt limit bill.
After weeks of political impasse, tense negotiations and mounting economic anxiety, the Senate on Thursday night gave final approval to bipartisan legislation suspending the debt limit and imposing new spending caps, sending it to President Biden and ending the possibility of a calamitous government default.
The approval by the Senate on a 63 to 36 vote brought to a close a political showdown that began brewing as soon as Republicans narrowly won the House in November, promising to use their new majority and the threat of a default to try to extract spending and policy concessions from Mr. Biden."
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