![]() Graham throws down defense gauntletįor most of Thursday, rank-and-file senators from both parties bucked their leadership and were floating plans that could have derailed the Biden-McCarthy deal by seeking changes.Īmong the most serious threats came from Sen. Here are the takeaways from Thursday's Senate debate. "For all the ups and downs and twists and turns it took to get here, it is so good for this country that both parties have come together at last to avoid default." "America can breathe a sigh of relief," he said. Senate Majority Leader Chuck Schumer, D-N.Y., who was aided by his counterpart, Senate Minority Leader Mitch McConnell, R-Ky., ran a legislative clinic in the final hours of the saga after a series of behind-the-scenes talks on how to get the bill across the finish line.įor most of the day it looked as if the Senate wouldn't take up final passage until Friday, but Schumer boasted how the upper chamber acted swiftly to avoid the country getting an inch closer to default. "No one gets everything they want in a negotiation, but make no mistake: this bipartisan agreement is a big win for our economy and the American people," Biden said in a statement Thursday. The Senate approved a debt deal negotiated by the White House and House Speaker Kevin McCarthy late Thursday evening by a 63-36 vote after a series of failed amendments, capping off a week that infuriated the base of both parties and underscored Washington's dysfunction.īut in the end, both chambers approved the agreement by wide bipartisan margins and ended one of the more stressful weeks of Biden's presidency. With the United States closer than ever to running out of money, President Joe Biden and Congress avoided a national default that would have been a self-inflicted economic disaster for the country.
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