Democrats scored a win in Congress this week and the nation’s economy has once again avoided a possible shutdown.
According to Fox Business, a vote in the House of Representatives on Tuesday fell largely along partisan lines and came down in favor of raising the debt ceiling.
“Proudly own it”
The legislation passed despite Rep. Adam Kinzinger (R-IL) being the only member of his party to vote with the Democratic majority.
House Speaker Nancy Pelosi (D-CA) confirmed that her chamber would send the bill to President Joe Biden’s desk for his signature after it passed in the Senate.
As for the aim of the latest stopgap measure, supporters say it is necessary to avert a debt default by the federal government. Senate Democratic Leader Charles Schumer (D-NY) presented the terms of the bill after negotiating with Senate GOP Leader Mitch McConnell (R-KY).
According to Fox Business, Schumer said that the proposal accomplishes his party’s goal of raising the debt limit and that he feels “very good about where we’re headed.”
For his part, McConnell told reporters that he believes the two sides arrived at “a solution to the debt ceiling issue that’s consistent with Republican views of raising the debt ceiling for this amount at this particular time and allows the Democrats to proudly own it, which they’re happy to do.”
“We have a responsibility”
In the Senate, at least 60 votes were needed to approve the measure. According to Politico, 14 Republicans joined their Democratic colleagues when the bill came up for a vote on Thursday.
Sen. Mike Rounds (R-SD) represented one of those votes and defended what he acknowledged was an unpopular decision among many of his constituents.
“It’s an easy vote just to vote no,” he said, as Politico reported. “There’s nobody back home that thinks you should cooperate, in red states, with Democrats at all. I personally think we have a responsibility for those things we’ve agreed on with the operation of government.”
Many other Senate Republicans, on the other hand, have expressed frustration and anger over the deal reached in part by McConnell.
Schumer saw the news as a net positive for his party, declaring: “We still have a few more steps to take before we completely resolve this matter, but I’m optimistic that after today’s vote, we’ll be on a glide path to avoid a catastrophic default.”