House Speaker Kevin McCarthy lauded the passing of the bill to suspend the $31.4 trillion US debt ceiling, saying he thought it was ‘almost impossible’
just to be elected speaker, McCarthy proved capable of dragging Biden into negotiations over spending and other Republican priorities, and then marshalling two-thirds of his often fractious House Republican majority to enact bipartisan legislation.
The bill now goes to the narrowly Democratic-controlled Senate, which must enact it and get it to Biden's desk by June 5 to avoid a crippling U.S. default. Trump, who is seeking a return to the White House in 2024, had blasted top Senate Republican Mitch McConnell for agreeing to raise the debt ceiling during Biden's first year in office. McConnell largely stayed in the background during these talks, which began to move forward after Biden agreed to one-on-one negotiations on May 9.
But in getting the April measure passed, House Republicans became the only body in Washington that had acted to raise the debt ceiling. "The debt ceiling had to be lifted, and it had to be lifted for a long period of time," White House budget director Shalanda Young told a Tuesday press conference. "You see this bill lift the debt ceiling until 2025. You can call it a negotiation; I call it a declarative statement."
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