House GOP Overhauls Debt Limit Bill

Punchbowl News: “House Republican leaders declared repeatedly over the last few days that they wouldn’t change their $4.8 trillion debt-limit package before it hit the floor. Speaker Kevin McCarthy and his top lieutenants vowed to muscle the Limit, Save, Grow Act through the chamber without altering the underlying measure.”

“But late Tuesday night, McCarthy’s leadership crew bent to an uncomfortable reality — the bill needed to be changed, so they changed it.”

Playbook: “Will this solve McCarthy’s math problem? We’ll see. He can withstand no more than four defections assuming all members vote and Democrats, as expected, stay united in opposition.”

Semafor: “Kevin McCarthy is trying to find his way out of a corn maze.”