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BREAKING: House Narrowly Passes McCarthy Debt Ceiling Bill

House Minority Leader Kevin McCarthy of Calif., speaks at a news conference on the steps of the Capitol in Washington, Thursday, July 29, 2021, to complain about Speaker of the House Nancy Pelosi, D-Calif., the leadership of President Joe Biden, and guidelines on face masks by the Centers for Disease Control. (AP Photo/Andrew Harnik)
  • The House narrowly passed Speaker Kevin McCarthy’s debt ceiling bill on Wednesday, handing the Republican leader a key legislative win and setting the stage for him to restart negotiations with the White House before risking a default on the country’s loans.
  • Lawmakers passed the debt ceiling proposal along party lines with a 217-215 vote, with just four Republicans voting against the measure.
  • The passage comes after days of marathon meetings and hourslong deliberations among Republicans to craft legislation that could give McCarthy leverage as he seeks to make a deal with President Joe Biden. 
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