as the White House and congressional leaders work to ensure its passage this week in time to lift the nation’s borrowing limit and prevent a disastrous U.S. default.
A key test will come Tuesday afternoon when the House Rules Committee is scheduled to consider the package and vote on sending it to the full House for a vote expected Wednesday.“I feel very good about it,” Biden told reporters Monday as he left Washington for his home in Delaware. To those progressive Democrats raising concerns about the package, the president had a simple message: “Talk to me.”, few are expected to be fully satisfied with the final product. But Biden, a Democrat, and McCarthy, a Republican, are counting on pulling majority support from the political center, a rarity in divided Washington, to join in voting to prevent aWall Street will open early Tuesday morning delivering its own assessment, as the U.S.
Facing potential blowback from his conservative ranks, the Republican speaker will have to rely on upwards of half the House Democrats and half the House Republicans to push the debt ceiling package to passage.