Tag Archives: debt ceiling

House GOP Unveils Plan On Debt Ceiling, Spending Cuts

Kevin McCarthy

Jennifer Shutt, Georgia Recorder U.S. House Republicans unveiled a debt limit proposal Wednesday that would lift the nation’s borrowing capacity by $1.5 trillion or suspend it through March. The bill, introduced by Speaker Kevin McCarthy, carries along with it numerous Republican initiatives that are unlikely to get the bipartisan support …

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Dems Blast McCarthy’s Latest Call for Painful Cuts

House Speaker Kevin McCarthy

Congressional Democrats reiterated their opposition to steep federal spending cuts on Tuesday after Republican House Speaker Kevin McCarthy issued a vague outline of his caucus’ demands, which include more punitive work requirements for aid recipients and steep cuts to non-military spending. The GOP leader laid out the broad demands in …

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