AssetID: 52782551
Headline: UNCAPTIONED: House Passes Debt Limit Deal
Caption: House Passes , Debt Limit Deal. The bill was passed by a vote of 314-117 in the U.S. House of Representatives on May 31. 71 Republicans and 46 Democrats were opposed to the bill, CNN reports. The proposal to suspend the country's debt limit must now pass the Senate before President Biden can sign it. Lawmakers have until June 5 to avoid a first-ever default for the nation. In addition to suspending the nation's debt limit, the bill puts a cap on non-defense spending. changes work requirements for various food stamp recipients, winds down COVID relief funds and more. President Biden issued a statement after the House passed the bill. "I have been clear that the only path forward is a bipartisan compromise that can earn the support of both parties. This agreement meets that test. I urge the Senate to pass it as quickly as possible so that I can sign it into law, and our country can continue building the strongest economy in the world.", President Joe Biden, via statement. THIS VIDEO MUST NOT BE EDITED FOR LENGTH TO COMBINE WITH OTHER CONTENT
Keywords: house,passes,debt,limit,deal,President Joe Biden,Biden Administration,United States,America,politics,politicians,Senate,White House,Republicans,Democrats,bipartisan,compromise
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