US debt ceiling: House to vote on bill amid opposition from Republicans and Democrats – live | US economy #debt #ceiling #House #vote #bill #opposition #Republicans #Democrats #live #economy

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House to hold final vote on debt ceiling bill

Good morning, US politics readers. The House is expected to hold a final vote on the debt ceiling bill as opposition from far-right Republicans continue to grow.

Last weekend, talks spearheaded by House speaker Kevin McCarthy and president Joe Biden culminated in a tentative deal to raise the $31.4tn US debt ceiling.

Speaking to reporters, McCarthy said that the bill was “the most conservative deal we’ve ever had”, referring to the two-year agreement which includes spending freezes and slashing Internal Revue Service funding.

As the deal heads into a chamber vote in the Republican-led House today, more than 20 Republicans have vowed to vote against the deal. On Tuesday, Texas representative Chip Roy, a member of the powerful House rules committee which met to review the deal, told Fox News, “This is not the deal that we should be taking.”

The House will convene at 2pm today, with the first round of votes expected at 3.30pm, and the last round of votes expected at 8.30pm.

Here are other developments in US politics:

  • Former New Jersey governor Chris Christie is expected to announce his presidential bid next Tuesday in new Hampshire, Axios reports.

  • Former president Donald Trump has repeated his pledge to strip birthright US citizenship if he becomes president again.

  • President Joe Biden will meet with leaders of his federal emergency preparedness and response team today to receive annual briefing on extreme weather preparedness.

#debt #ceiling #House #vote #bill #opposition #Republicans #Democrats #live #economy

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