Last week was one of progress, compromise and history on Capitol Hill.
On Monday, the White House and GOP Congressional leaders reached an agreement to raise the debt limit and set the federal budget for the next two years. The deal lifts the debt ceiling until March 2017 and raises budget caps by a total of $112 billion in fiscal years 2016 and 2017. The funds will be equally divided between defense and non-defense spending. It will also restructure benefits for Social Security Disability Insurance. The House passed the compromise in a 266-167 vote and the Senate passed it shortly after with a 63-35 tally.
On Thursday, the House of Representatives elected a Paul D. Ryan (R-WI) to be the 54th Speaker of the House. He won with a commanding 236 votes. With this, Speaker John Boehner (R-OH) official resigned from his position and from the House. With the budget deal and debt ceiling crisis off of his plate for now, Speaker Ryan urged Congress to turn the page and work together. "We are not solving problems. We are adding to them. And I am not interested in laying blame. We are not settling scores. We are wiping the slate clean," said Ryan.