US House to hold final vote on raising debt ceiling ahead of default deadline

Vote expected to be held at 8:30pm ET and if passed would move next to the Senate for quick approval to protect US from default

The House is set to hold its final vote on raising the debt ceiling Wednesday, as leaders of both parties expressed confidence they will soon clear a major legislative hurdle with just days left before the US is expected to default.

Arriving at the Capitol Wednesday morning, the House Republican speaker, Kevin McCarthy, told reporters that he felt “good” about the upcoming vote, expected to be held at 8:30pm that day. Asked for his message to House Republicans, McCarthy encouraged them to support the bill, describing it as “the first step to change the way we spend money”.