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Next Steps for Debt Ceiling Bill

US
  • Rules committee meet 3pm Tuesday at which parameters for debate are set, debt ceiling bill could be modified at this stage, but won't be subject to amendments.
  • House returns on Tuesday, at which GOP and Dem leaders can whip lawmakers in person- In the Senate, lawmakers will consider the bill as soon as Thursday. Given some vocal opposition from certain GOP lawmakers, it's possible amendment vote demands could be granted.
  • Senate backdrop means votes will be needed from roughly 30 Senators of each party - and despite public protests from hardline conservatives and progressive Dems, sufficient cross-bench support is expected given the divided government and unpalatable alternative.
  • Later today, Biden takes part in Memorial Day events, speaking at an observance ceremony with Harris in Arlington, before leaving the White House for Delaware later in the day.
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