Senate Okays Debt Limit Deal; GOP Shuns Trump's Rants

The Senate passed a bill late Thursday evening to suspend the nation’s debt limit through January 1, 2025, averting a first-ever US default just days ahead of the deadline, Clare Foran, Nicky Robertson and Kristin Wilson reported for CNN.

Photo Insert: The Senate win came as defeated former president Donald Trump, who demanded the GOP reject the deal, complained that his opinion on the matter was ignored by GOP senators.

The House earlier this week already passed the measure, which can now be sent to President Joe Biden to be signed into law.

Biden, just moments after the Senate passed the debt limit bill, praised Congress for its efforts and said in a statement, “I look forward to signing this bill into law as soon as possible.”

The president will deliver an address to the nation on Friday on averting default. The Senate win came as defeated former president Donald Trump, who demanded the GOP reject the deal, complained that his opinion on the matter was ignored by GOP senators.

Suspending the debt limit through 2025 takes the threat of default off the table until after the presidential election.

In addition to addressing the debt limit, the bill caps non-defense spending, expands work requirements for some food stamp recipients, and claws back some COVID-19 relief funds, among other policy provisions.

The Senate voted 63 to 36 to pass the bill. The timeframe to pass the bill through Congress was extremely tight with little room for error, putting enormous pressure on leadership in both parties as the threat of default loomed, Manu Raju, Lauren Fox, Morgan Rimmer, Haley Talbot and Tami Luhby also reported for CNN.

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