- Senate Majority Leader Chuck Schumer (D-NY) said it is imperative to move the debt ceiling bill as quickly as possible once it passes in the House, calling the deal a “responsible, prudent, and very necessary way forward.”
- Schumer voiced his support for the deal unveiled over the weekend by President Joe Biden and House Speaker Kevin McCarthy (R-CA) to raise the federal debt limit through January 2025 and cap spending over the next two years.
- “I support the bipartisan agreement that President Biden has produced with Speaker McCarthy. Avoiding a default is an absolute imperative,” he said during a speech on the Senate floor Tuesday. “Nobody is getting everything they want. There’s give on both sides. But this agreement is the responsible, prudent, and very necessary way forward.”
