What's in the House Republican bill to remove the debt cap and cut spending?
Washington — House Speaker Kevin McCarthy and Republican lawmakers unveiled their plan on Wednesday to raise the debt ceiling and cut government spending ahead of the summer deadline in a bid to prevent a catastrophic and historic default by the US on its debt obligations. called the “Limit, Save, Grow Act” 320 page proposal The measure, introduced by Texas Republican Jody Arrington, chairman of the House Budget Committee, would raise the debt ceiling by $1.5 trillion or so through the end of March 2024, and also details a $4.5 trillion...