House Republicans have passed a sweeping debt ceiling package as they try to push President Biden into negotiations on federal spending.
The bill passed by a razor-thin 217-215 margin.
As the House debated the bill, Biden on Wednesday indicated he was willing to open the door to talks with McCarthy, but not on preventing a first-ever U.S. default that would shake America's economy and beyond. McCarthy worked nonstop to unite his fractious Republican majority, the "five families" including the conservative Freedom Caucus and others, making post-midnight changes in the House Rules Committee in the crush to win over holdouts.
Republicans hold a five-seat House majority and faced several absences this week, leaving McCarthy with almost no votes to spare in the face of Democratic opposition. Rep. Ralph Norman, R-S.C., a member of the Freedom Caucus, said he "wanted double" the deficit savings contained in the bill but would vote for it "because it starts the ball, it gets us in the arena to solve the debt problem."
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