David Lawder writes the chamber approved the measure 285-144, with 33 Republicans and 111 Democrats voting against it.
According to the report, the Treasury is expected to run out of room to borrow under the $16.4 trillion debt limit between mid-February and early March.
The bill also requires both the House and Senate to pass a budget by April 15 or else lawmakers’ pay is suspended until Congress approves a budget, Lawder reports.
Senate Majority Leader Harry Reid said the Senate will pass the bill without changes, according to Reuters.tr