About the bill

Abandoning efforts to extract concessions from Democrats, House Republicans agreed to a clean debt limit hike for more than a year. The Temporary Debt Limit Extension Act will suspend the nation’s borrowing cap until March 15, 2015. Under the bill, on March 16, 2015, the debt limit will be reinstated and reset to include money borrowed up to that point. As of Feb. 8, the debt limit was set at $17.2 trillion. By March 15, 2015, when the debt limit will automatically reset under this bill, the debt subject to the limit should be above $18 trillion.

How Congress Voted

Yea
Nay
Not Present
Awaiting Vote
 
 

Senate

Yea = 5
Nay = 5
Not Present = 5
Total = 15

House

Yea = 5
Nay = 5
Not Present = 5
Total = 15