Senate Advances Debt-Limit Bill, Clearing Way for Final Passage

U.S. Capitol Building
A U.S. flag flies on top of the Capitol building at sunset in Washington, D.C. Photographer: Andrew Harrer/Bloomberg

Feb. 12 (Bloomberg) -- The Senate advanced legislation to suspend the U.S. debt limit until March 15, 2015, and now will take a final vote to clear the measure for President Barack Obama’s signature.

The chamber voted 67-31, with 60 needed to move the bill forward. The House passed the bill yesterday, 221-201, with just 28 Republican votes, after Speaker John Boehner dropped demands to attach spending cuts or policy changes to the measure.

To contact the reporter on this story: Kathleen Hunter in Washington at khunter9@bloomberg.net

To contact the editor responsible for this story: Laurie Asseo at lasseo1@bloomberg.net