You turn to us for voices you won't hear anywhere else.

Sign up for Democracy Now!'s Daily Digest to get our latest headlines and stories delivered to your inbox every day.

House Approves Debt Ceiling Deal Slammed by Progressives as “Extortion” 

HeadlineJun 01, 2023

The House of Representatives has approved legislation to suspend the debt ceiling, just days before the U.S. is set to run out of money to pay its bills. Wednesday’s vote was 314 to 117, with a majority of House Democrats voting in favor. If it’s approved by the Senate, the legislation will cap domestic spending below the current rate of inflation, while allowing larger increases to the military budget. House Minority Whip Katherine Clark said Republicans had forced Democrats’ hand.

Rep. Katherine Clark: “There is no perfect negotiation when you are the victims of extortion. Nobody likes to pay a ransom note, and that’s exactly what tonight’s vote is.”

Some Republicans voted against the deal, saying it didn’t cut enough from social programs; meanwhile, nearly 40 members of the Congressional Progressive Caucus voted “no.” Caucus chair Pramila Jayapal of Washington slammed the legislation, saying it “rips food assistance away from poor people and disproportionately Black and brown women, pushes forward pro-corporate permitting policies and a pipeline in direct violation of the community’s input, and claws back nearly 25% of the funding Democrats allocated for the IRS to go after wealthy tax cheats.”

The legislation now heads to the Senate, which will need to act quickly to avoid a catastrophic default on U.S. debts before a June 5 deadline set by the Treasury Department.

The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.

Non-commercial news needs your support

We rely on contributions from our viewers and listeners to do our work.
Please do your part today.
Make a donation