WASHINGTON, D.C. – Congress successfully passed a deal to avert an economic catastrophe. The debt ceiling legislation was passed by the Senate late Thursday night, sending it to the president’s desk for his signature. Congress passed this agreement just days before the default deadline.
The legislation would raise the debt ceiling for two years and set spending limits on federal money. Both parties said the legislation is not a total success for their agendas but both sides said they find some “wins” in this legislation. The bill narrowly passed the Senate 63 to 36 last night. Senator Debbie Stabenow (D- MI) told WZMQ while the legislation is not perfect, she does not want the country to default on it’s debt. Stabenow and Senator Gary Peters (D- MI) both voted in favor of the legislation. The bill now waits for president Biden’s signature.