The House of Representatives approved legislation Tuesday evening to raise the debt limit until early December. Not a single Republican voted to raise the debt ceiling, even temporarily. House Speaker Nancy Pelosi addressed her Republican colleagues ahead of the vote.
Speaker Nancy Pelosi: “What do you have against our own economy, where this catastrophe of unbelievable proportions could have impacts for over 100 years?”
The measure, which the Senate approved last week, is expected to be swiftly signed by President Biden.