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House Passes Debt Limit Bill

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“The House on Wednesday narrowly passed Republicans’ bill to raise the debt ceiling while cutting spending and unraveling major elements of President Biden’s domestic agenda, in a GOP bid to force the president to negotiate over spending cuts or risk a catastrophic debt default,” the New York Times reports.

The vote was 217 to 215 with four Republicans voting with Democrats: Reps. Andy Biggs, Tim Burchett, Ken Buck and Matt Gaetz.

However, even Republicans conceded that their legislation was headed nowhere. President Biden has threatened to veto it, and the measure is dead on arrival in the Democratic-led Senate.

Said Speaker Kevin McCarthy to Punchbowl News: “We’ve done our job. I sat down with the president on Feb. 1, he ignored us the rest of the time. He treats it just like the border.”

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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.

Goddard is the owner of Goddard Media LLC.

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