Budget Negotiations Move to Next Phase After House-Republican Debt Ceiling Bill Passes
By: LSN Partners on April 28, 2023 On Wednesday, Speaker Kevin McCarthy and House Republican leaders passed their debt-limit bill – the Limit, Save, Grow Act – through the House of Representatives. While this proposal will not survive bipartisan negotiations, it was an essential step for McCarthy and his leadership team. Republicans expect […]
McCarthy Unveils House GOP Budget Plan
House Speaker Kevin McCarthy released a debt limit plan last week, which would lower federal spending to fiscal year (FY) 2022 levels, rescind unspent COVID money, and formally block President Joe Biden’s student loan forgiveness plan. In a floor speech shortly before the bill text was released, Speaker McCarthy said his proposal would “responsibly raise […]
