House passes new debt ceiling plan after McConnell cuts deal with Democrats

Senate Majority Leader Chuck Schumer and Senate Minority Leader Mitch McConnell have reached an agreement to create a one-time process that would let Democrats raise the debt ceiling on their votes alone, a deal that underscores the lengths the GOP leader will go to avoid a damaging default without Republican support to increase the national borrowing limit.

source https://www.cnn.com/2021/12/07/politics/debt-limit-deal-mcconnell-schumer/index.html