The House has passed a measure that would allow Democrats to unilaterally raise the nation’s debt limit and avert a catastrophic default, after a weeks-long partisan impasse
The House passed a bill Tuesday night to expedite a debt ceiling fix in the Senate, allowing Democrats to essentially raise the nation’s credit limit on their own and thwart a Christmastime default.
“We’re sending them over a process that will allow them to move forward,” said House Rules Chair Jim McGovern . “Once they act, it’ll come over here, and we’ll have to act.” But then the majority party will have to vote alone on actually raising the debt ceiling, as Republicans craft their campaign-trail attacks around the accusation that the majority party’s spending plans are both driving inflation and stunting economic growth.
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