The Details Are in on How the Feds Are Blowing Your Tax Dollars
Here's the Final Tally on How Much Money Trump Raised for Hurricane Victims
Here's the Latest on That University of Oregon Employee Who Said Trump Supporters...
Watch an Eagles Fan 'Crash' a New York Giants Fan's Event...and the Reaction...
We Almost Had Another Friendly Fire Incident
Not Quite As Crusty As Biden Yet
Poll Shows Americans Are Hopeful For 2025, and the Reason Why Might Make...
Legal Group Puts Sanctuary Jurisdictions on Notice Ahead of Trump's Mass Deportation Opera...
The International Criminal Court Pretends to Be About Justice
The Best Christmas Gift of All: Trump Saved The United States of America
The Debt This Congress Leaves Behind
How Cops, Politicians and Bureaucrats Tried to Dodge Responsibility in 2024
Meet the Worst of the Worst Biden Just Spared From Execution
Celebrating the Miracle of Light
Chimney Rock Demonstrates Why America Must Stay United
Tipsheet

Senate Passes Bipartisan Debt Ceiling Bill, Heads to Biden's Desk

AP Photo/Alex Brandon

The Senate voted to approve legislation negotiation by House Speaker Kevin McCarthy (R-Calif) and President Joe Biden to raise the government's borrowing limit late Thursday night.

Advertisement

The bill passed in a 63-36 vote. Four Democrats, 31 Republicans, and one Independent— Sen. Bernie Sanders of Vermont, voted "no."

Despite rejections from both Democrat and Republican senators, the bill will now head to Biden's desk. However, senators from both parties were unhappy with the overall agreement. A group of Republicans raised concerns about Pentagon funding levels, claiming they were too low. The Left objected to the new work requirements for older Americans in the food aid program, changes to the National Environmental Policy Act, and approval of the Mountain Valley Pipeline natural gas project.

However, Democrats and Republicans eventually agreed so both parties were able to have successful outcomes with the bill. Republicans succeeded on several policy changes and reduced federal spending. Meanwhile, Democrats could keep recent legislation on clean energy, health care, and infrastructure intact, allowing them to say most domestic programs were spared from severe cuts.

On Wednesday, House lawmakers sent the bill in a bipartisan 314-117 vote after weeks of tense negotiations between McCarthy and Biden.

Advertisement

The bipartisan agreement will halt the debt limit with no cap through Jan. 1, 2025, cut non-defense spending to fiscal 2022 levels, cap spending increases at 1 percent the following year, and set non-mandatory caps for the four years after. 

Ahead of Thursday's final vote, the bill faced scrutiny. Sen. Lindsey Graham (R-SC) threatened to stall the bill past Monday's June 5 deadline if Senate Majority Leader Chuck Schumer (D-NY) did not commit to a supplemental defense funding bill to raise spending, despite it reducing the savings Republicans wanted to achieve as the outcome of the deal. 

"To my House colleagues, I can't believe you did this," Graham said. "To the Speaker, I know you've got a tough job. I like you. But the party of Ronald Reagan is dying. Don't tell me that a defense budget that's $42 billion below inflation fully funds the military."

Join the conversation as a VIP Member

Recommended

Trending on Townhall Videos

Advertisement
Advertisement
Advertisement