The House could vote as soon as tomorrow on a GOP-backed proposal to raise the debt ceiling and implement spending cuts.
“We’re going to save taxpayers money,” said McCarthy. “House Republicans are taking action to lift the debt limit. To limit government spending.”
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Loans Loans Latest News, Loans Loans Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Kevin McCarthy, House GOP Debt-Limit Plan Face Crucial Test This WeekThe health of the economy and Kevin McCarthy’s speakership could rest on whether Republicans can pass a debt-limit plan and strike a deal with Biden
Source: WSJ - 🏆 98. / 63 Read more »
Debt-limit plan won't be changed, House GOP leaders tell holdoutsIn an interview with POLITICO, House GOP Whip Tom Emmer said the debt-ceiling proposal is 'not getting changed,' despite about half a dozen potential Republican holdouts.
Source: politico - 🏆 381. / 59 Read more »
Biden promises to veto House GOP’s debt limit billThe White House said Tuesday that President Biden would veto the House GOP’s debt limit bill if it managed to pass the Democrat-controlled Senate and reached the president’s desk.
Source: WashTimes - 🏆 235. / 63 Read more »