Debt Ceiling Bill Cleared for House Vote, Passage Likely

House Speaker Kevin McCarthy holds the gavel after he was elected on the 15th ballot at the U.S. Capitol in Washington on Jan. 7, 2023. Olivier Douliery/AFP via Getty Images

The Fiscal Responsibility Act cleared its last procedural hurdle, paving the way for an up-or-down vote on the measure by the full House.

The House approved a rule to limit debate on the bill and bar any amendments to the bill in a bipartisan vote of 241 to 187.