The so-called Fiscal Responsibility Act – harshly criticized by both hard-line Republicans and far-left Democrats passed the lower chamber in a 314-117 vote.
The bill now heads to the Senate with only five days to go before Treasury Secretary Janet Yellen says the government will run out of cash to pay debts.
“I for one, Mr. Speaker, don’t want to be on the wrong side of history. Yeah, I could say I’m gonna vote no because there’s something not in the bill. If I took that philosophy, I would never vote yes. I simply read the bills in front of me and decide, ‘Is this good for the country?’ I would say that answer is easily yes,” McCarthy said on the House floor during debate on the measure.
Fifty-two Democrats swooped in near the end of the vote to help 189 Republicans push the critical rules for debate over the finish line in a 241 to 187 vote. Senate Majority Leader Chuck Schumer has indicated he’ll back the bill once it reaches the upper chamber.on Tuesday, advancing in a 7-6 vote, with Reps. Chip Roy and Ralph Norman voting with Democrats on the panel against the measure that would add roughly $4 trillion to the national debt.
The House Freedom Caucus opposed the compromise bill and several of its members declared ahead of the vote their intention to vote against it.
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