LATEST: Debt ceiling deal passes first big test in key committee, setting up House vote on Wednesday.
The House Rules Committee gave the green light for the Fiscal Responsibility Act to advance to the full House so members can hold a planned vote on Wednesday night before sending the legislation to the Senate ahead of Monday’s default deadline.In a big win for Republican leadership, Rep. Thomas Massie of Kentucky -- a GOP hard-liner and fiscal hawk -- voted in favor of the rule.
Rep. Scott Perry, the chairman of the House Freedom Caucus, dodged questions at the news conference on whether he'd support a motion to vacate -- a rule that would allow any House member to force a vote to attempt to remove the speaker. Lawmakers face a time crunch to pass the debt ceiling deal because Treasury Secretary Janet Yellen has warned the "X-date" -- when the government could run out cash to pay all its bills in full and on time -- could happen as early as June 5.
"All I know is when you enter into good faith negotiations, you don't negotiate to see a bill posted," she said at the daily White House briefing. "You negotiate to make sure it gets to the president's desk and we'll fulfill our part when it gets to the president's desk."
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