“Every page of all of this new Washington spending shows how irresponsible and alienated the Democrats are from the problems America faces today,” Mr. McCarthy said during his accusatory speech, which appears to be geared more towards rally his Republican base to call for midterm elections in a debate that was supposed to last just 20 minutes.
But just a few hours later, the Democrats entered the hall, joking about lack of sleep. And if Democrats feared political repercussions, it was not evident from the final vote count, which reflected support from representatives of the most competitive constituencies.
Understanding the US debt ceiling
What is the debt ceiling? The debt ceiling, also called the debt limit, is the limit on the total amount of money that the federal government is allowed to borrow through US Treasury bills and savings bonds to meet its financial obligations. Since the US has a budget deficit, it has to borrow huge amounts of money to pay its bills.
The only Democrat to oppose the bill, Maine Representative Jared Golden, did so after raising concerns this month about including a provision that would generously increase the federal tax deduction on state and local taxes paid from $ 10,000 a year to 80,000 dollars.
The action – after months of tedious maneuvering over the bill – was fueled in part by lawmakers’ push to complete their work and leave Washington for a week-long hiatus on Thanksgiving. This came about eight months after Mr. Biden unveiled the first part of his domestic policy program, and after several near-death experiences with the package that exposed deep divisions within his party.
The vote showed remarkable democratic unity given the struggle for it. A group of moderate and conservative opponents, fearing the size of the bill, demanded an official assessment before they agreed to back it.
But after the results of evaluations for sections of the Congressional Budget Office, the official Comptroller’s Office, were released on Thursday, most were rejected. White House officials met with the group privately on Thursday evening to familiarize them with the administration’s analysis and budget spreadsheets, according to someone familiar with the discussion.
“While I still have doubts about the overall size of the legislation – and concerns about some of the policy provisions that are extraneous or unreasonable – I think there is too much much needed investment in this bill not to be promoted in the legislative process. Florida Representative Stephanie Murphy, a key centrist, said in a statement announcing her vote.