222 legislators spoke in support of the document.
The Democrat-controlled House of Representatives of the U.S. Congress adopted an initiative that will help approve an increase in the debt ceiling in the near future under a simplified procedure. 222 legislators spoke in support of the document, 212 voted against it. The meeting was broadcast by the C-SPAN TV channel.
The Senate of the U.S. Congress will have to vote on this initiative later. The document is expected to be approved. As CNBC explains, after that, both houses of Congress will vote on the main bill on raising the debt ceiling, for its approval, a simple majority of votes will be required, which Democrats have in both the Senate and the House of Representatives.
As the Axios portal notes, in turn, we are talking about a one-time use of this measure, the initiative does not imply that in the future bills on the debt ceiling will be approved under an accelerated procedure.
On October 14, U.S. President Joe Biden approved an increase in the national debt ceiling by $480 billion, to $28.9 trillion, which, as previously noted in the Ministry of Finance, will cover expenses until December 3, 2021. The corresponding initiative was approved by both chambers of Congress.