By LISA MASCARO and KEVIN FREKING (Associated Press) WASHINGTON (AP) — House Republicans narrowly passed sweeping legislation Wednesday that would raise the government’s legal debt ceiling by $1.5 trillion in exchange for steep spending restrictions, a tactical victory for Speaker Kevin McCarthy as he challenges President Joe Biden to negotiate and prevent a catastrophic federal default this summer. Biden has threatened to veto the Republican package, which has almost no chance of passing the Democratic Senate anyway, and the president has so far refused to negotiate over the debt ceiling which the White House insists must be lifted with no strings to ensure America pays its bills. But McCarthy’s ability to swiftly unite his slim majority and bring the measure to passage over opposition from Democrats and even holdouts in his own party gives currency to the Republican speaker’s strategy to use the vote as an opening bid forcing Biden into talks.
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The Associated Press, Denver Post
Thu, 04/27/2023 - 12:31pm
Topics: lisa mascaro kevin freking associated press washington ap speaker kevin mccarthy president joe democratic senate america but mccarthy s we ve u.s capitol happy passage house republican house rules committee facing midwestern gop house our iowa s r-fla hakeem jeffries york rep ralph norman r-s.c it s the treasury department claw covid-19 impose halt end congressional budget office freshman rep derrick van orden r-wis speaker mccarthy rep andy biggs tim burchett r-tenn senate majority leader chuck schumer senate republican mitch mcconnell secretary karine jean-pierre that associated press josh boak mary clare jalonick farnoush amiri florida republican rep matt gaetz as a associated press washington house republican republicans mccarthy mccarthy mccarthy biden house white house mccarthy democrats u.s it the freedom caucus rep matt gaetz this senate april debt bill spending federal vote default trillion tax member ceiling wednesday government work table strategy negotiate nation voted talks plan members summer solve challenges raise year exchange wanted measure package lifted conservative sweeping legislation worked starting fiscal negotiating party requirements recipients expected signed aid statement job economy decade roll avoid votes support proposed holdouts
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