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House GOP Ratchets Up Demands on Debt Limit

December 6, 2022 · 7:20 am ET · Leave a Comment

“House Republicans are plotting tactics for their new majority and weighing how to use their leverage to enact a laundry list of demands, with many zeroing in on an issue with enormous economic implications: Raising the nation’s borrowing limit,” CNN reports.

“It’s an issue confronting House GOP Leader Kevin McCarthy, who is rounding up the votes to win the House speaker race and facing pressure from some of his colleagues to more forcefully detail how he plans to handle the sensitive topic before they decide whether to support him on January 3 for the most powerful position in Congress.”

Wall Street Journal: Three ways Democrats could overhaul the debt ceiling.

Budget & Taxes

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Taegan Goddard

Taegan Goddard

Taegan Goddard is the founder of Political Wire -- which for more than two decades has been one of the nation's most influential political news sites.

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