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Senate Passes Bill to Lift Debt Ceiling

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After an earlier 61 to 38 cloture vote, the U.S. Senate passed a short-term debt limit extension by a much closer 50 to 48, Roll Call reports.

The bill now heads to the House for a vote likely next week.

Washington Post: “Lawmakers adopted the proposal strictly along party lines, with Democrats voting to lift the country’s borrowing cap by $480 billion and Republicans maintaining their steadfast opposition to it. The divide persisted even amid repeated warnings from President Biden this week that inaction threatened to plunge the country into a new recession.”

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About Political Wire

goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Follow me on Twitter, Mastodon and Post.News.

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