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Speaker Johnson announces plan to raise debt limit within Trump agenda bill

share-iconWednesday, January 08 comment-icon3 weeks ago 8 views
News sources:
thehillTHEHILL
Speaker Johnson announces plan to raise debt limit within Trump agenda bill

Credited from: THEHILL

  • Speaker Mike Johnson indicates that congressional Republicans aim to raise the nation's borrowing limit in line with a significant Trump agenda bill.
  • The plan intends to prevent Democrats from leveraging the debt limit as seen during Biden's administration.
  • This will utilize a special early process called "reconciliation", allowing Republicans to control the bill without needing bipartisan support.
  • Johnson noted that there's a broad range of opinions within the House GOP regarding the debt limit.
  • He assured that the party's focus would be on preserving Social Security and Medicare benefits while addressing wasteful government spending.

For more details, visit the original article at The Hill.

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