Senate Democrats on Tuesday took one of the final steps in averting a potential default on the country's bills, approving legislation that raises the debt limit by $2.5 trillion.
The measure passed 50-49, and came after a one-time deal was reached that gave Democrats the ability to lift the debt ceiling in a simple-majority vote. "As I have said repeatedly, this is about paying debt accumulated by both parties, so I am pleased Republicans and Democrats came together to facilitate a process that has made addressing the debt ceiling possible," Senate Majority Leader Chuck Schumer (D-N.Y.) said Tuesday.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
Music reviews: Perfume Genius, Momma, Elton John & Brandi CarlileFeature "Glory," "Welcome to My Blue Sky," and "Who Believes in Angels?"
-
Myth and Marble: Ancient Roman Sculpture From the Torlonia CollectionFeature The private collection is being revealed to the public for the first time in decades
-
13 potential 2028 presidential candidates for both major partiesIn Depth A rare open primary for both parties has a large number of people considering a run for president
-
Biden slams Trump's Social Security cutsSpeed Read In his first major public address since leaving office, Biden criticized the Trump administration's 'damage' and 'destruction'
-
El Salvador refuses to return US deporteeSpeed Read President Nayib Bukele of El Salvador said he would not send back the unlawfully deported Kilmar Ábrego García
-
Tariffs: Time for Congress to take over?Feature Senators introduce a bill that would require any new tariffs to be approved by Congress
-
Trump says electronics tariff break won't lastSpeed Read The tariff exemptions on smartphones, laptops and other electronic devices are temporary, the administration says
-
Man charged in arson attack on Pennsylvania's ShapiroSpeed Read Governor Josh Shapiro and his family were sleeping when someone set fire to his Harrisburg mansion
-
White House pushes for oversight of Columbia UniversitySpeed Read The Trump administration is considering placing the school under a consent decree
-
Supreme Court backs wrongly deported migrantSpeed Read The Trump administration must 'facilitate' the return of wrongfully deported migrant Kilmar Ábrego García from El Salvador, Supreme Court says
-
Two judges bar war-powers deportationsSpeed Read The Trump administration was blocked from using the Alien Enemies Act to deport more alleged Venezuelan gang members
