US house passes Republican debt ceiling bill, Democrats call the bill 'Ransome note'
Edited By WION Video Desk
Published: Apr 27, 2023, 03:45 IST | Updated: Apr 27, 2023, 03:45 IST
With President Joe Biden under pressure to negotiate and avert a disastrous federal default this summer, Speaker Kevin McCarthy's House Republicans narrowly approved Wednesday sweeping legislation that would raise the government's legal debt ceiling by $1.5 trillion in exchange for severe spending restrictions.
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