Senate Votes to Raise Debt Ceiling

    WASHINGTON, DC - FEBRUARY 11:  Speaker of the House U.S. Rep. John Boehner leaves from the Capitol building with his security detail on February 11, 2014 in Washington, DC. Speaker Boehner and 27 other Republicans joined with House Democrats in passing legislation to suspend the borrowing limit without any policy conditions.  (Photo by T.J. Kirkpatrick/Getty Images)

    T.J. Kirkpatrick/Getty

    The Senate managed to avert a national fiscal crisis. By a 67-31, it voted to close debate on the debt ceiling. The measure ultimately passed 55 to 43. Senator Ted Cruz threatened to filibuster, but he failed to rally enough of his fellow Republicans. With 12 Republicans, the Senate passed a measure to raise the nation’s debt ceiling without any conditions until March 2015.

    Read it at New York Times