US House passes Republican debt ceiling bill with steep spending cuts

Written by on April 26, 2023

WASHINGTON, April 26 (Reuters) - The U.S. House of Representatives on Wednesday narrowly passed a bill to raise the nation's $31.4 trillion debt ceiling, defying President Joe Biden by attaching sweeping spending cuts for the next decade.

With this mostly partisan 217-215 vote, Republican House Speaker Kevin McCarthy hopes to lure Biden into negotiations on cutting spending, even . . .

Current track