Debt-Limit Deal Heads to House Vote After Clearing Key Hurdle

The debt-limit deal struck by President Joe Biden and Speaker Kevin McCarthy is heading toward a vote Wednesday in the House of Representatives after clearing a crucial procedural hurdle with just days remaining to avoid a US default.

Legislation to suspend the US borrowing ceiling for a period and cap federal spending was advanced by the House Rules committee Tuesday night on a 7-6 margin, sending it to a vote on final passage by the full House.

House Majority Whip Tom Emmer, a Minnesota Republican, said early Wednesday that he’s confident the votes are in hand to move ...