How a few lawmakers are trying to torpedo the debt ceiling deal
ith just days to spare until a government default, lawmakers in Washington are facing intense pressure this week to support the passage of aThe bill overcame its first major hurdle late Tuesday, when Republicans on the House Rules Committee narrowly voted 7-6 to approve the legislation and send it to the full House of Representatives for a vote expected Wednesday night.
“I feel very good about it,” Biden told reporters on Monday. “There is no reason it shouldn’t get done” in time to avoid default, he added. Treasury Secretary Janet Yellen has warned that the government could run out of cash to pay its bills on time by June 5 unless Congress acts. “No one in the Republican party could have done a worse job,” he said of McCarthy on Tuesday. “This is a career defining vote for every Republican.” Rep. Scott Perry of Florida, chairman of the Freedom Caucus, echoed that sentiment, arguing that McCarthy “totally failed to deliver” on holding the line during debt limit talks.
He said that he expects a vote in the House on Wednesday, in hopes of enacting the legislation before a looming deadline to avert a default in less than a week. If the proposed bill does clear the House, it will then move for a vote in the Democratic-controlled Senate, where it could face yet another obstacle: amendments.
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