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McCarthy unveils legislation raising debt ceiling until next year

By Cami Mondeaux
Published April 19, 2023 5:07pm ET
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McCarthy unveils legislation raising debt ceiling until next year
House Speaker Kevin McCarthy (R-CA) unveiled his long-awaited debt ceiling package on Wednesday, proposing to raise the debt ceiling over the next year either by $1.5 trillion or until March 31, 2024, whichever comes first. McCarthy released the 320-page bill shortly after he announced the proposal on the House floor, with the speaker hoping to […]


House Speaker Kevin McCarthy (R-CA) unveiled his long-awaited debt ceiling package on Wednesday, proposing to raise the debt ceiling over the next year either by $1.5 trillion or until March 31, 2024, whichever comes first.

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