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McCarthy planning to unveil 1-year debt ceiling extension

Por: Portland Press Herald World April 16, 2023

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WASHINGTON — House Speaker Kevin McCarthy is preparing to unveil next week a plan that would suspend the nation’s debt ceiling for a year in return for spending concessions, according to people familiar with the talks. The proposal, which would be an opening marker for negotiations with the White House and congressional Democrats, calls for a vote in the House in late May to suspend the debt ceiling until about May 2024, according to two... + full article



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