House To Vote Today On Debt Ceiling Bill

If the debt ceiling bill passes, the debt ceiling won't have to be dealt with again until 2025, notes Mike Townsend. He and Collin Martin discuss how stocks fall as investors await House to vote today on debt limit bill. Mike mentions that the bill would reduce federal discretionary spending for the next two years. He talks about the latest on the debt limit bill before the House votes tonight. The debt ceiling deal suspends U.S. debt limit through January 1, 2025. Collin highlights that the better-than-expected JOLTs report sent treasury yields sharply higher. They then go over the takeaways from the latest economic data. Tune in to find out more about the stock market today.