#House GOP’s long-awaited debt limit bill features $1.5T increase

#House GOP’s long-awaited debt limit bill features .5T increase

#House GOP’s long-awaited debt limit bill features $1.5T increase

Admin3 years ago011 mins

House Republicans’ go-it-alone debt limit bill pairs a debt ceiling increase expected to last into next year with what Speaker Kevin McCarthy (R-Calif.) said would be about $4.5 trillion in savings generated in part by cutting Biden administration priorities. The bill released on Wednesday — dubbed the Limit, Save, Grow Act — aims to raise…

#GOP downplays importance of budget with debt ceiling looming

Admin3 years ago010 mins

House Republicans are deemphasizing the importance of a GOP budget in the context of debt-ceiling talks, signaling their blueprint might not even be finalized until after the conference figures out its moves on raising the federal government’s borrowing limit. It’s a significant shift for the GOP that comes after hard-line lawmakers during the 15-ballot Speaker’s…

#The Hill’s Morning Report — Possible Trump indictment overshadows budget talks

Admin3 years ago035 mins

The Hill’s Morning Report — Possible Trump indictment overshadows budget talks Editor’s note: The Hill’s Morning Report is our daily newsletter that dives deep into Washington’s agenda. To subscribe, click here or fill out the box below. Close Thank you for signing up! Subscribe to more newsletters here The latest in politics and policy. Direct…