Congress & Federal Issues

Debt crisis averted: NM delegation responds to debt ceiling deal
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The debt ceiling saga neared its end this week after both the U.S. House and Senate approved a deal to raise the debt limit, with provisions. The U.S. The Senate voted Thursday night 63-36 to pass a bipartisan bill reflecting a deal made between President Joe Biden and House Republican leadership. The U.S. The House of Representatives voted 314-117 to approve the deal on Wednesday. The Fiscal Responsibility Act of 2023 suspends the federal debt limit through January 1, 2025 and adds new discretionary spending limits for FY24 and FY25. Members of the New Mexico congressional delegation released statements about the bill and their votes.