US House committee votes to advance debt ceiling bill


Reuters | Updated: 31-05-2023 06:21 IST | Created: 31-05-2023 06:21 IST
US House committee votes to advance debt ceiling bill

A bill to suspend the $31.4 trillion U.S. debt ceiling and avert a disastrous default advanced on Tuesday when a key House of Representatives committee voted to send it to the full chamber for a Wednesday vote.

The Republican-controlled House Rules Committee voted 7-6 to advance the bill to the floor for a vote on Wednesday.

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