(ANSA) - WASHINGTON, MAY 31 - The US House of Representatives has approved a bipartisan agreement to raise the debt ceiling for two years, in exchange for some budget cuts. It is now up to the Senate to vote before June 5, the date indicated by US Treasury Secretary Janet Yellen as a deadline to avoid a default.
The agreement passed with 314 yes and 117 no (the quorum was 218). 165 Democrats and 149 Republicans in favor. The faction was more consistent among the ranks of the Grand Old Party: 71 no, against 46dem. The Republican speaker of the House, Kevin McCarthy, has defined the agreement as "the greatest savings in American history", but according to the US media it is not so: in 2011 Barack Obama granted cuts of 2,100 billion dollars to raise the debt ceiling, against the 1,300 billion of the agreement negotiated by Joe Biden. (ANSA).
USA, the House approves the increase of the debt ceiling
2023-06-01T02:01:16.446Z
Highlights: The U.S. House of Representatives has approved a bipartisan agreement to raise the debt ceiling for two years, in exchange for some budget cuts. The agreement passed with 314 yes and 117 no (the quorum was 218). 165 Democrats and 149 Republicans in favor. It is now up to the Senate to vote before June 5, the date indicated by US Treasury Secretary Janet Yellen as a deadline to avoid a default. The Republican speaker of the House, Kevin McCarthy, has defined the agreement as "the greatest savings in American history"
The U.S. House of Representatives has approved a bipartisan agreement to raise the debt ceiling for two years, in exchange for some budget cuts. (ANSA)
