Pressure is on for lawmakers to get behind debt ceiling bill to avoid default | CNN Politics

Prospects for passage of the bill, based on the agreement struck between President Joe Biden and Republican House Speaker Kevin McCarthy, grew Sunday as many centrist Democrats fell in line and Republicans maintained confidence that they would be able to carry the support of the majority of their House conference in a pivotal vote expected Wednesday.

Members of two major centrist groups – the New Democrat Coalition and Problem Solvers Caucus – are expected to largely support the plan, according to multiple sources. That represents roughly 100 Democrats, which could be enough to offset the losses from members of the hard-right who are furious over McCarthy’s dealmaking. Several members of the hard-line House Freedom Caucus have already harshly criticized the plan, vowing to try blocking it from passage.

Loans Loans Latest News, Loans Loans Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Debt ceiling agreement in principle reached between Democrats, RepublicansPresident Biden and House Speaker Kevin McCarthy spoke by phone for nearly 90 minutes Saturday night to discuss the debt ceiling, a source told Fox News.
Source: FoxNews - 🏆 9. / 87 Read more »

Biden Says Debt Ceiling Deal Reached with GOP, Bill Going to CongressAn agreement has been reached between Democrats and Republicans to raise the debt limit ceiling
Source: TMZ - 🏆 379. / 59 Read more »

Republicans cite 'progress' in US debt-ceiling talks with BidenTop congressional Republican Kevin McCarthy says he is making 'progress' in negotiations with Democratic President Joe Biden on raising the federal government's debt ceiling
Source: trtworld - 🏆 101. / 63 Read more »