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White House prepares to drop debt ceiling hammer to smash new GOP majority

By W. James Antle III
Published January 18, 2023 11:40am ET
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White House prepares to drop debt ceiling hammer to smash new GOP majority
The Republican House majority is new, but its dilemma isn’t: trying to bring federal spending under control with most of Washington still run by Democrats without descending into chaos that will make fiscal responsibility look irresponsible. The White House wasted no time on Tuesday making the case that the federal debt limit, which Treasury Secretary […]

The Republican House majority is new, but its dilemma isn’t: trying to bring federal spending under control with most of Washington still run by Democrats without descending into chaos that will make fiscal responsibility look irresponsible.

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Budgets and Deficits Debt Ceiling Joe Biden Kevin McCarthy Republican Party