House Speaker Kevin McCarthy told a Wall Street audience on Monday that the US House will vote in coming weeks on a plan to lift the nation’s borrowing limit, but not without new curbs on spending.
Talks over raising the nation's borrowing authority are stalled so House Speaker McCarthy says GOP will vote on their own plan. Democrats say adding demands to avoid a historic default is reckless.
Speaker Kevin McCarthy on Monday previewed what he hopes House Republicans can pass in the next few weeks to raise the debt ceiling during a speech at the New York Stock Exchange.
House Speaker Kevin McCarthy is vowing to pass legislation to raise the nation’s debt ceiling — but only coupled with a cap on future federal spending.
McCarthy outlined the contours of a bill in a speech at the New York Stock Exchange. But it won't be easy for him to find the votes to pass it through his narrow GOP majority.
It's far from clear Speaker Kevin McCarthy will find enough votes in his narrow majority on that ambitious timeline. The “stew’s not done cooking,” one GOP lawmaker said.
House Republicans on Wednesday unveiled their much-awaited go-it-alone debt limit bill, dubbed the Limit, Save, Grow Act. The proposal raises the debt limit by $1.5 trillion or through March 31, 20…
House Republicans will seek to raise the US debt limit by $1.5 trillion or until March 31, 2024, in exchange for spending cuts in a proposal they plan to put up for a vote next week, according to two lawmakers who have been briefed on the plan.
WASHINGTON (Reuters)—Republican U.S. House Speaker Kevin McCarthy on Wednesday unveiled a plan to raise the nation's debt ceiling by $1.5 trillion and cut federal spending by three times that amount, laying out an opening position in what is likely to be a tense partisan debate over government borro…
By Tami Luhby and Katie Lobosco, CNN House Speaker Kevin McCarthy has unveiled his plan to address the nation’s looming debt ceiling drama, offering to raise the borrowing cap by $1.5 trillion to prevent a default.
House Speaker Kevin McCarthy released a long-awaited budget proposal Wednesday, which raises the U.S. debt by $1.5 trillion to avoid default while cutting spending across a wide […]
House GOP leadership aides told Fox News Digital that they believe Speaker Kevin McCarthy's Limit, Save, Grow Act will pass largely as-is, despite some public grumbling about the bill.
WASHINGTON — Speaker Kevin McCarthy said that the House will pass his $1.5 trillion debt ceiling increase plan this week, but when asked if he has the 218 Republican votes
McCarthy’s proposal would increase the nation’s debt ceiling in order to stave off a US payments default and it would trim $4.5 trillion in spending over a decade.
WASHINGTON — Speaker Kevin McCarthy said that the House will pass his $1.5 trillion debt ceiling increase plan this week, but he dodged when asked if he has already secured the 218 Republican votes he needs. “We will hold a vote this week and we will pass it,” McCarthy said
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Republicans urge tweaks to House debt limit bill ahead of vote | Since Then
