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House will vote soon to cap federal spending at 2022 level, raise debt limit for one year: McCarthy

Por: Fox News Politics April 17, 2023

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Speaker Kevin McCarthy, R-Calif., said Monday that House Republicans will vote on a bill in the coming weeks to lift the debt ceiling for one year while capping federal spending at the fiscal year 2022 level. Addressing business leaders at the Stock Exchange, the California Republican also said the bill would limit subsequent spending increases to just 1% per year over a decade.Let me be clear: a no-strings-attached debt limit increase cannot... + full article



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