[us House of Representatives votes to pass debt ceiling bill] FAP, June 1-the US House of Representatives voted to pass the debt ceiling bill on May 31 local time. The bill, brokered by President Joe Biden and House Speaker John McCarthy, aims to raise the nation's $31.4 trillion debt ceiling and cut federal spending. The House rules Committee approved the bill into the house debate by a vote of 7 to 6 on the evening of the 30th. After passing the bill, the House of Representatives will send the bill to the Senate for a vote, which is expected to be completed by June 5. Earlier, the US Treasury had said that if Congress did not act, the US could default as early as June 5.