House Republicans have narrowly passed a sweeping debt ceiling package as they try to push President Biden into negotiations on federal spending. It's the start of efforts to avoid a potentially catastrophic government debt default this summer. Biden has threatened to veto the bill over the budget limits that are attached. The president says he's happy to talk with Speaker Kevin McCarthy, but will not negotiate over America's legal debt obligations. The Republican plan would raise the debt ceiling by $1.5 trillion in exchange for steep spending restrictions that Democrats oppose.
from CBNNews.com April 27, 2023 at 05:23AM
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