Page 2 - Debt Limit Billjust News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Republicans passed a debt limit bill just last republicans passed a debt limit billjust last month where they proposed increasing the debt limit by $1.5 trillion, which would lift the debt ceiling in the united states in march of next year, and it would also reduce spending by $4.8 trillion. that s the amount of cuts republicans are proposing in their legislation, which did pass the house with republican support. democrats have continued to argue they feel thatis continued to argue they feel that is too draconian. republicans have also insisted that spending levels be lowered. they wanted closer to what the government spent in fiscal year 2022, they think thatis fiscal year 2022, they think that is a good baseline. the white house has proposed freezing spending levels but thatis freezing spending levels but that is not enough savings to republicans. they argue the white house and the democrats have spent a lot of money with respect to covid and with respect to covid and with ....

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