News
From Conservative Post, 5-30-23
Congress released a bill package Sunday to increase the nation’s debt limit in exchange for a number of Republicans’ desired spending cuts and other concessions.
House lawmakers will have three days to review the 99-page bill, called the Fiscal Responsibility Act, before they are set to vote for it as soon as Wednesday. The still unnumbered bill can be viewed here: https://www.congress.gov/bill/118th-congress/house-bill/3746/text ….. Ed. note: It passed the House on Wednesday and moves now to the Senate. 6-1: looks like Senate just passed it, too, so on to Biden’s desk.
Sen. Rand Paul (R-KY) accused “fake conservatives” of agreeing to “fake spending cuts.”….
Biden said, “If you want to try to make it look like I made some compromise of the debt ceiling, I didn’t. I made a compromise on the budget.”
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The House today overwhelmingly passed the debt ceiling bill 314-117. 71 Republicans voted against the measure. Democrats voted for it heavily, with only 46 against it.
Relevant articles:
https://www.congress.gov/bill/118th-congress/house-bill/3746
https://justthenews.com/politics-policy/senate-passes-compromise-debt-deal-avert-default
Debt ceiling vote: House votes to pass debt limit and budget cuts bill as lawmakers aim
https://www.washingtontimes.com/news/2023/may/30/kevin-mccarthy-rushes-forward-debt-limit-vote-free
https://www.cnn.com/politics/live-news/us-debt-ceiling-deadline-talks-05-30-23/index.html
https://reason(DOT)com/2023/05/30/debt-ceiling-bill-locks-in-the-inflated-spending-levels-of-recent-years/
https://www.foxnews.com/video/6328480430112
Previous bill
https://www.pbs.org/newshour/politics/heres-whats-in-the-gop-bill-to-lift-the-u-s-debt-limit
