Some House Republicans are reportedly worried about a slew of last-minute changes that were made to Speaker Kevin McCarthy’s debt limit proposal, expressing concerns the Republican leader is harming chances of passing a compromise bill by making unrealistic promises to the most conservative members of his party.
On the day of the vote, Mace held an afternoon meeting with McCarthy as the South Carolina Republican unveiled some of her top requests — many of them unrelated to the debt limit bill itself. In exchange for her support, McCarthy promised to move legislation forward on at least three fronts: gun control, cannabis, and reproductive health.
Most notably, McCarthy agreed to make changes to one of his provisions that would repeal tax credits on clean fuels to address concerns from some Midwestern lawmakers, particularly from Iowa. After meeting with members of the Iowa delegation late Tuesday, McCarthy agreed to include exceptions to preserve those credits for those who entered into binding contracts between August 2022 and April 19.
Democrats have already taken aim at the proposal, especially after a report by the progressive Center on Budget and Policy Priorities predicted more than 10 million people, including millions of children, would be at risk of losing at least some of their food stamp benefits should the plan go through.In the days and hours leading up to the vote, several Republican leaders defended the changes made to the bill, noting they were merely clarifications and that “nothing of substance” was changed.
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.
Source: YahooNews - 🏆 380. / 59 Read more »