House passes bill to raise debt ceiling into 2025
The House voted Wednesday to pass a bill raising the debt ceiling until 2025 in exchange for measures to cut the budget deficit. Why it matters: The bill's passage puts the U.S. on track to avert a debt default — which Treasury Secretary Janet Yellen projected could happen in a matter of days.…
#treasury #janetyellen #kevinmccarthy #republicans #democrats #detailsagreement #pentagon #cbo #chuckschumer #mitchmcconnell
