#House GOP passes debt limit package: Five takeaways

#House GOP passes debt limit package: Five takeaways

After a week of internal sniping, House Republicans on Wednesday approved legislation in a 217-215 vote that would slash federal spending and extend the government’s borrowing authority into next year. The package has no chance of becoming law in the face of opposition from the Senate and White House, both of which are controlled by…

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#McCarthy tries to wrangle Republicans on debt limit bill

#McCarthy tries to wrangle Republicans on debt limit bill

Editor’s note: President Biden has said he refuses to meet with Speaker Kevin McCarthy (R-Calif.) for debt limit negotiations until Republicans release a 10-year budget proposal. A previous version of this story contained incorrect information. Speaker Kevin McCarthy (R-Calif.) on Tuesday laid out his opening salvo for a go-it-alone debt limit increase bill he hopes…

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