Debt-Limit Deal Faces Final Test in Congress to Avert US Default

House vote expected Wednesday on legislation to avert default
Time-consuming Senate procedures risk pushing US to brink

Biden, McCarthy Work Lawmakers to Pass Debt Deal

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By Billy House, Steven T. Dennis, and Laura Litvan

May 30, 2023 at 9:00 AM UTC

Updated on

May 30, 2023 at 3:02 PM UTC

This article is for subscribers only.

The debt-limit agreement forged by President Joe Biden and House Speaker Kevin McCarthy heads into a crucial final stretch with less than a week to win congressional passage before a June 5 default deadline.

Biden and McCarthy spent much of the Memorial Day holiday lobbying members of their respective parties to build enough support ahead of a House vote expected Wednesday.