House OKs bill to raise debt limit by 15T restrict spending Republicans push Biden on spending

House OKs bill to raise debt limit by 15T restrict spending Republicans push Biden on spending

WASHINGTON (AP) — House Republicans 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. The…Read More

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