U.S. Congress finalizes debt ceiling hike

Feb 12, 2014, 5:36 PM EST
U.S. Senator Ted Cruz (R-TX) waves as he leaves after he addressed the Heritage Action for America's Conservative Policy Summit February 10, 2014 in Washington, DC.
Alex Wong/Getty Images

Passage in the House of Representatives on Tuesday seemed to make an increase in the American debt ceiling a foregone conclusion, though Tea Party Senator Ted Cruz did his best to keep the nation in suspense, using procedural hijinks to create some last-minute drama. Ultimately, moderates and Republican leadership with ties to the business community prevailed.
Background:
Senate passes debt ceiling increase after GOP drama [The Daily Beast]