Partieiss Proposal News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Republican counterpart, minority leader mitch mcconnell to craft a solution designed to appeal to both partieis s. proposal would do the following. it wld allow the debt ceiling to be raised three times over the next year, for a total of $2.5 trillion. in exchange, some $1.5 trillion in spending cuts would be enacted. the plan would also establish a congressional committee to identify new deficit cuts. but the proposal already, as you might imagine, getting a lukewarm response from some of mcconnell s fellow republicans. among them, the freshman florida senator, marco rubio, as well as the former member of the gang of six, tom coburn. take a listen. the way the deal s currently structured right now, it gives the president the ability to raise the debt limit. the debt limit s not really the problem here. the problem is the debt. i don t believe this plan, as it s been outlined to me, is a credible solution to our debt problem. i think the mcconnell plan is more of washington not tak ....

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