Welcome back to between bells. I'm Alicia Nevaeh's.
We're gonna turn now to politics. Members of the
house of returning to Washington today, Washington today and
their first order of business of course to address the
debt ceiling bill. So with that let's go to
Washington D. C. Where Cheddars aerial Hickson is
joining us live with more aerial. How does the
fate of the bill look? Well, Alicia,
it looks pretty good. The house is expected to
vote today to extend the deadline of the debt ceiling
and you know what it's expected to pass and head
straight to the president's desk. Now through this extension
, the US narrowly avoids defaulting on its debt for
the first time in US history. And Treasury Secretary
Janet Yellen told lawmakers that they only had until october
18th, so they very, very narrowly avoided this
. Now the debt ceiling will be raised by about
$480 billion. But keep in mind this is just
a temporary hold as it's only extended until december and
some background here in order to get to this point
, there was a lot of back and forth between
lawmakers, Senate minority leader Mitch McConnell still wants Democrats
to end up raising the debt ceiling on their own
with the 3.5 trillion dollar reconciliation bill, but democrats
are focused on getting bipartisan support as they believe a
very large percentage of this debt was accumulated by the
trump administration and historically raising the debt ceiling has always
been a bipartisan ever. So come december. We
could be back to the drawing board as more drama
could unfold between lawmakers over this bill, And they
also have something else on their docket, averting a
government shutdown on December three. So the holidays are
looking a bit stressful for lawmakers just before the holidays
, all that just will be dealing with, for 00:01:38.980 --> sure.