Republican House Speaker Kevin McCarthy has issued a statement on Wednesday pushing the Senate and President Joe Biden to pass a controversial bill to raise the debt ceiling [Tom Brenner/Reuters] The Republican-led House of Representatives has passed a bill that would boost the United States’s $31.4 trillion federal debt ceiling in exchange for slashing government spending , including programmes championed by Democratic President Joe Biden.

Passed by a party-line vote of 217 to 215, with four Republicans breaking ranks, the bill now heads to the Democrat-controlled Senate, where it stands little chance of passing. Biden has already threatened to veto […]

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By Donato