The US Congress has come to an agreement on the continuing resolution to keep the government open and prevent a federal government shutdown extending the government’s funding through December. While this bill extends the government’s operating date, the debt ceiling suspension still needs to pass the Senate.
The House voted Wednesday evening to suspend the U.S. debt ceiling, but the Senate is not expected to pass the bill. Without a suspension of the debt ceiling, the government will run out of money by October 18th. Republicans initially refused to raise or suspend the debt limit.
“We will not provide Republican votes for raising the debt limit,” said Senate Minority Leader Mitch McConnell.
But, Americans are hoping the animosity between parties subsides as it did for the continuing resolution, to prevent the government from failing to be able to pay its debts which would be the country’s first ever default. While voting in agreement can delay a government shutdown, the continuing resolution has to be signed by President Biden before government funding runs out.