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Bill passed after senators rejected 11 proposed amendments
The debt ceiling compromise bill sailed to passage in the House on Wednesday evening. The House voted 314-117 after just over an hour of debate on the legislation. The bill required a simple ...
The Senate on Thursday night passed a bill to raise the debt ceiling. The measure was approved in a bipartisan 63-36 vote after passing the House by a wide and bipartisan margin Wednesday night.
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The new ceiling is the amount of outstanding debt subject to the limit at the end of the previous day. That figure stood at just over $36.1 trillion on December 31, up from $31.4 trillion in June ...
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President-elect Trump wields tremendous power among GOP lawmakers in the House and Senate, but his struggle to convince Republicans to bend to his will on the debt ceiling suggest it has its limits.