U.S. House approves debt limit package, sending it to Senate with just days until default deadline

The U.S. House took a broadly bipartisan vote Wednesday night on the debt limit package, sending it to the U.S. Senate where lawmakers are expected to vote quickly to clear the measure. The bill would extend the nation’s borrowing limit through Jan. 1, 2025 and set caps on discretionary spending for two years. It would also make changes to work requirements on some federal safety net programs and overhaul aspects of the energy permitting process.