Economy

GOP House debt ceiling plan cuts that may survive Biden negotiations

By Jack Birle
Published May 12, 2023 9:42pm ET
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GOP House debt ceiling plan cuts that may survive Biden negotiations
President Joe Biden, House Speaker Kevin McCarthy (R-CA), and other congressional leaders are negotiating an increase to the debt ceiling, but certain aspects of the House GOP’s bill have been sticking points for Democratic leaders. Biden has reportedly drawn red lines as to what is off limits for cuts, but there are still cuts that […]


President Joe Biden, House Speaker Kevin McCarthy (R-CA), and other congressional leaders are negotiating an increase to the debt ceiling, but certain aspects of the House GOP’s bill have been sticking points for Democratic leaders.

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Debt Ceiling Fiscal Policy Joe Biden Kevin McCarthy