Debt ceiling deal passes House by wide margin, heads to Senate as June 5 default looms

Contributing sentiments towards policy:

61% : Student loan borrowers, who have been granted pauses from their monthly payments during the pandemic, would have to resume payments after August, a deadline consistent with the Biden administration's plans.
59% : Still, the White House was able to intact Biden's Inflation Reduction Act - his signature climate and prescription drug law - and program to forgive student loan debt for millions of Americans.
49% : The nonpartisan Congressional Budget Office projected the bill will cut $1.5 trillion in federal spending over the next 10 years.
48% : Liberals also opposed a provision in the bill that expedites permitting for oil and gas drilling by fast-tracking environmental reviews and creating new deadlines for litigation that often hold up such projects.
48% : The amount the government can borrow is set in statute, making that a separate process from the decisions made in annual spending bills and policy measures that determine how much funding goes out the door and how much is collected in taxes and other revenues.
47% : It would also keep nondefense spending discretionary spending - which does not include Social Security and Medicare - roughly flat for 2024 and raise it by 1% in 2025.

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