The House of Representatives votes by a large majority on the agreement on the US debt limit

WASHINGTON, June 1 (Reuters) – The US House of Representatives approved a bill on Wednesday to suspend the $31.4 trillion national debt ceiling – voted for by a majority of both Democrats and Republicans.

In the Republican-controlled House of Representatives, 314 congressmen voted for the bill and 117 opposed it.

The bill will now go to the Senate, which, to avoid insolvency, must approve it and send it to US President Joe Biden for signature by June 5, the date by which the US government should run out of funds.

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(David Morgan, Richard Cowen and Moir Warburton, ghb exfcnbb with Graham Slattery, Julio-Cesar Chavez and Kanishka Singh)