House Speaker McCarthy outlines debt limit bill that he hopes to pass with Republican support, triggering a frantic push to gather the votes in his narrow majority.
and said Congress should allow the U.S. to pay its bills without conditions, a position McCarthy has blasted as irresponsible.
But if the House passes a measure, that could raise the pressure on Senate Democrats to craft their own competing bill. A memo Tuesday by Goldman Sachs’ economic research team said the debt limit deadline could come earlier than it had expected.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Republican McCarthy to unveil plan to lift US debt ceiling by $1.5 trln -sourcesU.S. House Speaker Kevin McCarthy on Wednesday plans to unveil a plan to raise the nation's debt ceiling by $1.5 trillion, two sources said, as Republicans dig in on a standoff with Democrats over the government's borrowing limit.
Baca lebih lajut »
Republican McCarthy unveils plan to lift US debt ceiling, cut spendingRepublican U.S. House Speaker Kevin McCarthy on Wednesday unveiled a plan to raise the nation's debt ceiling by $1.5 trillion and cut federal spending by three times that amount, laying out an opening position in what is likely to be a tense partisan debate over government borrowing.
Baca lebih lajut »
Americans struggle with 24 straight months of effective pay cuts under BidenHouse Speaker Kevin McCarthy argued that President Biden’s policies have fueled the alarming trend.
Baca lebih lajut »
Speaker McCarthy, House Republicans move to put Biden on defense in debt-limit fightSpeaker Kevin McCarthy is putting President Biden and Senate Democrats on the spot in the ongoing debt limit standoff by teeing up legislation that would curtail spending in exchange for raising the cap on how much the federal government can borrow to meet expenses.
Baca lebih lajut »
Speaker McCarthy lays out GOP debt limit plan in Wall Street visit | CNN BusinessSpeaker Kevin McCarthy on Monday previewed what he hopes House Republicans can pass in the next few weeks to raise the debt ceiling during a speech at the New York Stock Exchange.
Baca lebih lajut »