But before a bill can receive a vote in the full House, it must be approved by a majority of the 13-member House Rules Committee, which sets the rules of debate on the bill.
The panel's makeup is heavily skewed towards the party in the majority, 9-4, a set up meant to ensure that legislation did not get held up by a few dissenters siding with the minority.And as of Tuesday morning, two Republican members of the Rules Committee, Reps. Chip Roy of Texas and Ralph Norman of South Carolina, had already said they planned to do just that.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
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.
Lawmakers react to debt ceiling deal reached between House GOP and BidenWashington, D.C. leaders had mixed responses to a deal reached between the House and President Biden regarding raising the debt limit to avoid defaulting on financial obligations.
Source: FoxNews - 🏆 9. / 87 Read more »
Republicans win on the debt ceiling: Here's why House GOP should support dealThe debt ceiling agreement is a step toward creating a smaller government, lower taxes, less regulation, economic growth, prosperity, and more take home pay.
Source: FoxNews - 🏆 9. / 87 Read more »
Stock futures rise after GOP and White House reach tentative U.S. debt ceiling deal: Live updatesStock futures were higher with Wall Street eyeing Congressional approval of a tentative deal to raise the debt ceiling.
Source: CNBC - 🏆 12. / 72 Read more »
House GOP hard-liners trash debt limit bill as party leaders try to shore up votesSome Republicans are confident: “Oh, this thing will absolutely pass,” said Rep. Dusty Johnson, the chair of the center-right Main Street Caucus.
Source: NBCNews - 🏆 10. / 86 Read more »
Debt Ceiling Bill Will End Student Debt Pause Within 60 Days, McCarthy SaysSpeaker of the House Kevin McCarthy said the bill would end the pause on federal student debt payments 60 days after the bill was passed, accelerating the June 30 window for the pause to end.
Source: thedailybeast - 🏆 307. / 63 Read more »
McCarthy and Biden's debt ceiling deal could impact student-debt relief, food stampsMcCarthy and Biden's debt-ceiling deal could hurt student-loan borrowers and people on food stamps — and cost some Americans their jobs
Source: BusinessInsider - 🏆 729. / 51 Read more »