Republicans pass bill to avert US debt crisis, slash spending
Headline from Digital Journal, on the newest of 2 developments
US Republicans voted Wednesday to raise the national borrowing limit, but only in conjunction with drastic cuts, as they sought a showdown with President
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The House plans to vote on its debt ceiling bill this week. Rep. Dusty Johnson, R.-S.C., calls it an "opening negotiation position" as the risk of a default looms.
WASHINGTON (Reuters)—A top Republican in the U.S. House of Representatives predicted on Tuesday his party will muster the votes needed to adopt a plan to slash spending and raise the government's $31.4 trillion debt ceiling, despite signs of growing opposition within Republican ranks.
House Republicans on Wednesday approved a rule allowing debate on their plan to raise the debt ceiling and cut spending, as they scrambled to pass their legislation before a possible credit default this summer.
WASHINGTON — U.S. House Republicans on Wednesday struggled but whipped just enough votes to pass their plan to temporarily raise the nation’s borrowing limit and also cut spending by slashing key parts of President Joe Biden’s climate and tax law, potentially risking some veterans’ health benefits a…
The measure will face certain opposition in the Democratic-led U.S. Senate and Biden has threatened a veto, leaving negotiations over a crucial debt ceiling increase potentially needed as soon as June still at a stalemate.
WASHINGTON — House Republicans passed sweeping legislation Wednesday that would raise the government's legal debt ceiling by $1.5 trillion in exchange for steep spending restrictions, a tactical victory for Speaker
The bill is intended to serve as the GOP’s opening bid as it heads into expected negotiations with President Biden and congressional Democrats over spending.
House Republicans are grasping for the votes to pass a bill aimed at capping government spending and rolling back President Biden’s agenda in return for a one-year increase of the country’s debt limit.
House Speaker McCarthy secured the support of GOP members to pass a bill to increase the nation's borrowing limit while slashing federal spending. Democrats say it threatens a default.
House Republicans have passed a sweeping debt ceiling package as they try to push President Biden into negotiations on federal spending. It's the start of efforts to avoid a potentially catastrophic government debt default this summer.
US Republicans voted Wednesday to raise the national borrowing limit, but only in conjunction with drastic cuts, as they sought a showdown with President
WASHINGTON — House Republicans narrowly passed sweeping legislation Wednesday that would raise the government’s legal debt ceiling by $1.5 trillion in exchange for steep spending restrictions, a tactical victory for Speaker Kevin McCarthy as he challenges President Joe Biden to negotiate and prevent…
The House of Representatives narrowly approved a Republican bill that links avoiding a default with enacting spending cuts and several GOP policies rolling back several of President Biden's policies.
