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The Latest Breaking News on Washington blinks as debt costs begin to bite

After successful debt ceiling vote, McCarthy takes a victory lap

McCarthy proved he could harness his narrow majority to force Biden to make policy changes.

Axios

Don't believe the hype: Low-key lawmakers helped avert a debt ceiling crisis

The House voted overwhelmingly to approve a bipartisan deal to lift the debt ceiling and cap spending. That's in part due to the work of lawmakers who usually fly under the radar.

WEKU

After sailing though House on bipartisan vote, Biden-McCarthy debt ceiling deal now goes to Senate

After sailing through the House on a bipartisan vote, the debt ceiling and budget cuts package now goes to the Senate

The Independent UK

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Republicans get their IRS cuts; Democrats say they expect little near-term impact

While Republicans seek to make good on campaign promises to cut IRS funding through the proposed debt ceiling and budget cuts package now moving through Congress, Democrats are offering assurances that the spending cuts will have little impact on the federal tax collector

The Independent UK

House OKs debt ceiling bill to avoid default, sends Biden-McCarthy deal to Senate

The deal passed by a bipartisan coalition, despite pushback from conservatives and progressives, restricts spending for two years, suspends the debt ceiling until 2025 and imposes work rules for older people receiving food aid.

Chicago Sun-Times

Debt ceiling bill: key takeaways from the vote

Divisions were revealed, between and among party members, but both sides are counting the passage as a win

The Guardian - US

US House approves debt ceiling bill to avoid default

The House of Representatives has approved a bill to suspend the US government's $US31.4 trillion debt ceiling until 2025.

The New Daily

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House passes bill to raise debt ceiling into 2025

The bill's passage puts the U.S. on track to avert a debt default.

Axios

US House passes bipartisan bill to raise debt ceiling, avoid default

Lawmakers agreed on a bill that looks to avoid a catastrophic default of the United States. The text will now go to the Senate for approval.

France 24

Debt limit package passes House, heads to Senate - Roll Call

The House passed a bill Wednesday night to suspend the debt limit past the 2024 elections, sending the measure to the Senate.

Roll Call

Angry progressives and conservatives hit out as Democrats push through Biden-McCarthy debt ceiling deal

More Democrats vote to raise the debt limit than Republicans as the bill heads to the Senate

The Independent UK

US House of Representatives votes ‘yes’ on debt-ceiling deal

Speaker Kevin McCarthy faced opposition in his own party to a deal hammered out with the White House to avoid default.

Al Jazeera

US House passes bill to suspend debt ceiling just days before default

With 149 Republicans and 165 Democrats supporting the measure, Biden has called on the Senate to quickly take up the legislation

The Guardian - US

Dems decry GOP's reckless hostage-taking

Bernie Sanders was the first senator to come out against the package negotiated by Joe Biden and Kevin McCarthy

Salon

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Chicago Sun-Times

It’s time to end the threat of another debt limit crisis

The End the Threat of Default Act would eliminate the manufactured debt limit crisis that is used as a political weapon to damage Democratic presidents.

Reason

Debt Ceiling Deal Will End The Student Loan Repayment Pause

If the debt ceiling bill passes, the Education Department will be barred from extending the student loan repayment pause yet again.

Salon

GOPer: 3 days not enough to read bill

Rep. Ralph Norman's argument didn't cut it on Fox News

The Independent UK

Here's how to prepare to start paying back your student loans when the pandemic payment freeze ends

A three-year pause on student loan payments will end this summer regardless of how the Supreme Court rules on the White House plan to forgive billions of dollars in student loan debt

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Axios

House Democrats fracture on debt ceiling vote

“Fair to say that Chip Roy also spoke for most Democrats when he called the deal a ‘turd sandwich.'"

Roll Call

Debt limit rule adopted after Democrats ride to rescue - Roll Call

The House adopted a rule for the debt ceiling bill after Democrats flooded in to keep the measure on track at the last minute.

WEKU

Is the debt deal changing student loan repayment? Here's what you need to know

If it passes, the proposed debt deal would set the date for federal student loan repayments to resume. The pause's end will affect some 43 million borrowers, but, in effect, it's not a big change.

The Guardian - US

Alexandria Ocasio-Cortez says she will vote against US debt ceiling deal

Democratic congresswoman confirms she will not support agreement to raise debt ceiling and avoid 5 June default

Roll Call

Hawks worry about defense caps in debt limit deal - Roll Call

The debt limit deal would cap defense spending despite defense hawks in Congress calling for big increases to the Pentagon's budget.

Roll Call

Debt bill dissatisfaction threatens deeper GOP rift - Roll Call

Ahead of debt limit bill action, opponents are warning the break in GOP unity could reverberate beyond the Wednesday night vote.

Roll Call

House and Senate wrangle over student loans

An agreement on the debt ceiling would not affect a Biden proposal to forgive up to $20,000 in student debt but would resume loan payments.

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