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McCarthy Proposes One-Year Debt Ceiling Increase Tied to Spending Cuts

Por: The New York Times Politics April 17, 2023

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WASHINGTON — Speaker Kevin McCarthy on Monday proposed a one-year debt ceiling increase paired with a set of spending cuts and policy changes, backing down substantially from earlier demands but making clear that Republicans would not raise the borrowing limit to avert a catastrophic debt default without conditions.In a speech delivered from the New York Stock Exchange, Mr. McCarthy said House Republicans would vote “in the coming weeks”... + full article



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