May 28, 2024

Rocky Daily News

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GOP raised debt limit without cutting spending

1 min read

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House Republicans say they won’t lift the debt ceiling unless President Biden agrees to cut spending. Viewers asked whether they had the same demands for Trump.

The United States has hit the debt ceiling and is potentially only a few weeks away from defaulting on its debt

The Treasury Department is running out of money to pay the bills Congress already authorized, and it needs to borrow more, but it can’t do that unless Congress raises the debt ceiling.

Congressional Republicans – who hold a majority in the House of Representatives –  say they won’t vote to raise the debt ceiling unless the bill also comes with significant spending cuts, a…



2023-05-17 18:36:28

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