Raise the Debt Ceiling? Not when a Democrat is President
Posted: Thu Jun 01, 2023 12:32 am
That wording seems to be very generous even when the house may have some influence on line items according to the deal.W. Kevin Vicklund wrote: ↑Wed May 31, 2023 11:50 pm It passed the House:
https://www.nytimes.com/2023/05/31/us/p ... -vote.html
The bill would defer the federal debt limit for two years — allowing the government to borrow unlimited sums as necessary to pay its obligations — while imposing two years of spending caps and a string of policy changes that Republicans demanded in exchange for allowing the country to avoid a disastrous default. The 314-to-117 vote came days before the nation was set to exhaust its borrowing limit, and days after a marathon set of talks between White House negotiators and top House Republicans yielded a breakthrough agreement.
"Speaker of the House..."