On May 31, the bill that suspends the nation’s debt limit until 2025 passed in the House of Representatives by a vote of 314-117.
“This is the biggest cut in savings this Congress has ever voted for,” said House Speaker Kevin McCarthy. “It’s not that we’re just voting for it, this is going to be law.”
The bill caps non-defense spending, cuts back on some Covid-19 relief funds and expands work requirements.
President Joe Biden is urging the Senate to “pass it quickly as possible”, so it can be signed into law.
