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Bookmark or Share- Factbox: What's in Republican McCarthy's debt-limit spending cut ...WASHINGTON, April 19 (Reuters) - U.S. House of Representatives Speaker Kevin McCarthy unveiled a bill this week that would pair $4.5 trillion in spending cuts with a $1.5 trillion increase in the ...
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- Debt limit bill gives Republicans IRS cuts, but Democrats say they ...WASHINGTON -- House Republicans are seeking to make good on their campaign promise to rein in the IRS with cutbacks built into the debt ceiling and budget cuts package passed by Congress. The bill rescinds $1.4 billion given to the federal tax collector in the Democrats’ health and energy package that was approved last year on party-line votes.
- House OKs debt ceiling bill to avoid default, sends Biden-McCarthy deal ...WASHINGTON (AP) — Veering away from a default crisis, the House approved a debt ceiling and budget cuts package late Wednesday, as President Joe Biden and Speaker Kevin McCarthy assembled a bipartisan coalition of centrist Democrats and Republicans against fierce conservative blowback and progressive dissent.
- US CBO: debt ceiling bill to cut $1.5 trillion from deficit over decadeThe U.S. Congressional Budget Office said on Tuesday its budget deficit projections would be reduced by about $1.5 trillion over the next 10 years if the debt ceiling bill now up for a vote in ...
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