Get Ready For An All-out War On The Debt Limit

“GOP leaders are staring down two bad options to solve President-elect Donald Trump’s debt-limit problem, after failing to execute his demand to lift the federal borrowing cap in the last government funding bill,” Politico reports. “One path requires full buy-in from Republican lawmakers to address the issue via budget reconciliation — a huge challenge thanks to the party’s fierce fiscal hawks.

BING NEWS:
  • Happy New Year, the debt limit is here. Get ready for an all-out war over it.
    On Jan. 1, the limit resumes on the U.S. national debt of more than $36 trillion. And Republicans are divided on how to handle the cliff, after the House shot down the incoming president's plan.
    12/29/2024 - 9:00 pm | View Link
  • More

 

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