The U.S. debt ceiling agreement established by President Joe Biden and House Speaker Kevin McCarthy (R-Calif.) during the Memorial Day long weekend cleared a critical hurdle that will allow House lawmakers to vote on the deal.
The House Rules Committee passed it with a vote of 7 to 6, advancing the debt limit bill—the Fiscal Responsibility Act—to the congressional floor on May 30 for a debate and vote.
Rep. Chip Roy (R-Texas) and Rep. Ralph Norman (R-S.C.) voted against it, joining all four Democrats on the powerful committee. There had been concern that it would not make it out of the committee because some of the loudest conservative critics are members, including Rep. Thomas Massie (R-Ky.), who supported the legislation going before his colleagues….