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Schumer says Senate will pass debt-ceiling bill tonight

Clyde Edgerton by Clyde Edgerton
June 2, 2023
in Markets
Schumer says Senate will pass debt-ceiling bill tonight
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Senate Majority Leader Chuck Schumer on Thursday evening said the Senate would vote on a crucial debt-ceiling bill after handling proposed amendments. “I am pleased, so pleased, to announce that both sides have just locked in an agreement that enables the Senate to pass legislation tonight avoiding default,” the New York Democrat said in a floor speech. President Joe Biden is expected to move quickly to sign the bill into law, as it passed the House on Wednesday night.

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