Debt-limit deal wins house passage, easing US default concerns

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Debt-limit deal wins house passage, easing US default concerns
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Lawmakers from both parties joined to approve the bill 314-117, marking a rare moment of bipartisan accord in a bitterly divided Washington

The House passed debt-limit legislation forged by President Joe Biden and Speaker Kevin McCarthy that would impose restraints on government spending through the 2024 election and avert a destabilizing US default.

Lawmakers from both parties joined to approve the bill 314-117 Wednesday evening, sending the measure to the Senate for consideration as a default deadline draws near. The vote cements Biden’s reputation for pragmatism and working across party lines as he seeks a second term ...

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