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Debt Ceiling Deal Moving Toward Its Final Approval
Some in GOP, Democrats not happy
Despite a revolt from some Republicans over the terms of the debt ceiling deal worked out between House Speaker Kevin McCarthy and President Joe Biden, the last step toward final approval may be taken as soon as Wednesday.
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According to United Press International, a key committee of the House of Representatives voted Tuesday night to advance the deal to the full House of Representatives for a vote on
Wednesday.
The agreement between Biden and McCarthy calls for a stop on the growth of federal spending, but does not require huge cuts in the budget.
Some Republicans wanted more trimming, and some Democrats decried work requirements for certain public assistance programs.
The deadline to raise the debt ceiling is June 5.
