Today news
About the same in other media
House Republicans Unveil Bill to Raise Debt Ceiling, Cut Spending
Reading now: 991
WASHINGTON—House Republican leaders unveiled legislation Wednesday that would curb government spending and pare back some of President Biden’s signature initiatives in exchange for an increase in the government’s debt ceiling.
The proposal—dubbed the Limit, Save, Grow Act—would set discretionary spending levels for the coming year at fiscal 2022 levels and limit spending growth to no more than 1% a year, Speaker Kevin McCarthy (R., Calif.) said in a floor speech.
Read more on wsj.comAbout this in other media
Treasury Chief Janet Yellen Says U.S. Risks Default as Soon as June 1 Without Debt Ceiling Increase wsj.com /11 months ago
Here’s What Treasury, Fed Might Do in a Debt Ceiling Crisis wsj.com /11 months ago
Bill Ackman: Hindenburg’s Carl Icahn report is a ‘must read’ fnlondon.com /11 months ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
