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Posts tagged as “Biden White House”

House Speaker McCarthy Inches Closer to Passing $4.8 Trillion Package, With House Vote Expected Today

House Speaker Kevin McCarthy (R-CA) is making progress on his $4.8 trillion package, which would enable the House GOP to use the debt-ceiling as a bargaining chip in negotiations with the Senate and White House. After making changes overnight to win over holdouts, McCarthy is inching closer to passing the bill on the House floor, with a vote expected as early as today. This vote is a major test for McCarthy, who must not lose more than four GOP votes for the bill to pass, and will be a key indicator of his ability to lead the House GOP and negotiate with the Senate and White House.