DEBT LIMIT: HOW THE COMPROMISE COMPARES TO THE ORIGINAL GOP DEBT CEILING BILL Congress stipulates its spending and borrowing parameters via multiple avenues, including the debt ceiling ...

It’s not the first time lawmakers have tried to blow past the caps set by the debt limit deal. Last year, Senate ...

with House Republicans now saying they may pass their own debt limit bill in the wake of McCarthy’s letter to Biden proposing discretionary spending restraint, work requirements for aid programs ...

As the nation’s $34 trillion-plus debt remains top of mind for some on Capitol Hill, polling has shown Americans have also ...

agrees to a supplemental defense bill later this year for Ukraine aid and other defense-related spending and taking up appropriations bills as a condition to moving debt bills more quickly.

[Here’s what’s in the House GOP bill to raise debt limit, cut spending] The House bill also slashes the federal budget back to levels adopted in the 2022 fiscal year, then caps federal ...

Republicans attempted to cut these plans to curb government spending. However ... the Senate majority leader has already put the debt limit bill on the Senate calendar to start the process ...

The U.S. Senate passed a House-approved bill late Thursday to suspend the national debt limit and put a lid on government spending for two years, and President Joe Biden is expected to sign the ...

You might remember that bill hammered out in February ... Gephardt (D-MO), which automatically increases the debt limit when Congress enacts spending bills. (This is what most countries do rather ...

The debt limit bill will cross to the Senate after it clears ... a debt-ceiling deal” that does not have “substantial spending and budgetary reforms.” “I fear things are moving in that ...

Mike Lee (R-Utah) threatened to use “every procedural tool” possible to slow down Senate consideration of the debt limit bill, should it not have “substantial spending and budgetary reforms.” ...

“The bipartisan leadership in Congress is committed to working on new legislation that will prevent default while substantially reducing Washington spending.” Leadership spends the day trying ...