Wednesday, May 31, 2023

Update3: Senate passes debt bill

UPDATE3: June 2

The Senate voted Thursday night to raise the limit of how much money the federal government can borrow to pay its bills. The measure, which passed in a 63-36 vote after receiving bipartisan support from the House Wednesday, will be sent to President Biden to sign into law. (Washington Post 06/01/23)

Who voted for or against it? Senate passes debt ceiling deal. Here's who voted for and against. - Washington Post

There were 99 total votes. Sen. Bill Hagerty (R-Tenn.) did not vote.

All six regional-states' (3) Senators voted against the measure. Mississippi: Wicker and Hyde-Smith; Alabama: Britt and Tuberville; Louisiana: Cassiday and Kennedy.


UPDATE2: June 1

The Senate began voting Thursday evening on the debt ceiling bill that passed the House a day earlier, with the US creeping closer to the June 5 deadline to avert a potential federal default. Senators plan to hold a series of votes on amendments to the debt ceiling bill, all of which are expected to fail. Once that vote series is complete, the Senate will then move on to the final passage of the bill. (The Guardian 06/01/23) Senate begins voting on debt ceiling bill to avert disastrous default (msn.com)


WASHINGTON - The House approved a debt ceiling and budget cuts package late Wednesday on a 314-117 vote. Few lawmakers liked the package but was better than the alternative of devastating economic upheaval. With passage, the bill heads to the Senate where passage is expected by week’s end. (The AP 06/01/23) House OKs debt ceiling bill to avoid default, sends Biden-McCarthy deal to Senate | AP News


Earlier: The "Fiscal Responsibility Act" cleared its first major hurdle Tuesday when the House Rules Committee advanced the bill on a 7-6 vote. A subsequent vote to begin debate on the bill Wednesday afternoon was approved on a 241-187 vote. 

A full floor vote is scheduled to start at 7:30 p.m. Central time tonight. 

The legislation is expected to pass, but frustration among both parties has seen leaders working the clock to shore up enough votes. 

The Treasury Department estimates the government will run out of cash to pay all of its bills by June 5. (ABC News 05/31/23) House moves closer to vote on debt ceiling deal as lawmakers race to prevent default (msn.com)

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