The Republican speaker has stuck to partisan bills that have kept his party united. That ends with a tough vote to raise the debt limit in exchange for spending cuts.
Tag: Federal Budget (US)
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Republicans Tiptoe Around Deep Cuts in Debt Limit Fight With Biden
House Republicans pitched their 2011 debt limit bill aggressively, trumpeting a zeal for deep spending cuts. Their latest fiscal plan tiptoes around them, with a milder slogan to match.
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The Debt Ceiling Debate Is About More Than Debt
Republicans’ opening bid to avert economic catastrophe by raising the nation’s borrowing limit focuses more on energy policy than reducing debt.
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What’s in the House G.O.P. Debt Limit Bill
Republicans revealed a proposal on Wednesday that would cut federal spending and unravel parts of the Biden administration’s policy agenda in exchange for lifting the nation’s borrowing cap.
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House G.O.P. Eyes Rescinding Unspent Covid Money as Part of Its Fiscal Plan
Estimates put the amount of leftover money between $50 billion and $70 billion. But even if Republicans could claw it back, it would not make much of a dent in the deficit.