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Debt Ceiling Battle: Bipartisan Negotiators Propose Tying Debt Limit To GDP As White House Prepares To Meet With McCarthy

Por: Forbes Business January 23, 2023

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Topline Rep. Brian Fitzpatrick (R-Penn.) said he is working with Rep. Josh Gottheimer (D-N.J.) on a proposal that would set the federal government’s debt ceiling at a specific ratio of the nation’s total economic output rather than a fixed sum, marking signs of progress after the debt ceiling was surpassed last week and lawmakers began looking to prevent the government from defaulting on its debt. Reps. Brian Fitzpatrick, (R-Penn.) (left),... + full article



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