House Republicans Pass US Debt Bill, Push Biden on Spending

-
House Republicans have narrowly 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. Biden has threatened to veto the bill over the budget limits that are attached. The president says he's happy to talk with Speaker Kevin McCarthy, but will not negotiate over America's legal debt obligations. The Republican plan would raise the debt ceiling by $1.5 trillion in exchange for steep spending restrictions that Democrats oppose. 

from CBNNews.com https://ift.tt/YaFtqZK

Comments

Post a Comment

Popular posts from this blog

'It's Just Not a Fair Fight': Supreme Court to Hear Case that Could End Bureaucratic Rule

-
When the Supreme Court hears arguments in the case next term, it could decide to completely scrap the Chevron doctrine or simply weaken it, but no matter what the court decides, experts agree the administrative state - in some form - is here to stay. The question is: will bureaucrats continue to wield the same power as they do today? Whatever the outcome, the ruling could affect Americans from all walks of life for decades to come. from CBNNews.com https://ift.tt/5h8vbAE
Read more