Debt limit compromise gets thumbs down from Ohio’s JD Vance

South Africa News News

Debt limit compromise gets thumbs down from Ohio’s JD Vance
South Africa Latest News,South Africa Headlines
  • 📰 clevelanddotcom
  • ⏱ Reading Time:
  • 49 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 63%

“The more I learn about this debt ceiling deal, the more I think it’s bad news,” the Cincinnati Republican opined on Twitter.

that will get a House of Representatives vote on Wednesday, his comments indicate he’s leaning against it.

“I am glad that the President and the Speaker were able to come to an agreement that puts our country first,”. “Speaker McCarthy championed responsible policy, incorporating key economic and permitting reforms while limiting spending, and rescinding COVID funds.” Of the $80 billion that the Inflation Reduction Act included to bolster Internal Revenue Service enforcement, customer service and technology improvements, it would repurpose $10 billion in 2024 and $10 billion in 2025 to other non-defense priorities., House Speaker Kevin McCarthy said the compromise “does what is responsible for our children, what is possible in divided government, and what is required by our principles and promises.

“No one got everything they want, but that’s the responsibility of governing,” Biden said in announcing the deal. “The agreement prevents the worst possible crisis. a default for the first time in our nation’s history, an economic recession.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

clevelanddotcom /  🏆 301. in US

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Debt limit: Rand Paul offers alternative to debt ceiling deal as some House Republicans rebuke agreementDebt limit: Rand Paul offers alternative to debt ceiling deal as some House Republicans rebuke agreement.SenRandPaul has presented an alternative plan to the recent Fiscal Responsibility Act introduced by JoeBiden and SpeakerMcCarthy. Paul's proposal comes as the agreement from McCarthy and Biden has drawn discontent among some Republican lawmakers.
Read more »

McCarthy and Biden's debt ceiling deal could impact student-debt relief, food stampsMcCarthy and Biden's debt-ceiling deal could hurt student-loan borrowers and people on food stamps — and cost some Americans their jobs
Read more »

Bipartisan agreement reached to avoid debt-limit default, Biden announcesBipartisan agreement reached to avoid debt-limit default, Biden announcesJUST IN: Speaker McCarthy agrees on the language of a bipartisan deal to raise the debt ceiling that is expected to be sent to Congress this week.
Read more »

Biden, McCarthy reach final agreement on debt limit dealBiden, McCarthy reach final agreement on debt limit dealAfter weeks of negotiations, President Joe Biden said Sunday evening that he and House Speaker Kevin McCarthy smoothed out a final agreement on a bill that would raise the debt limit and avert a first-ever default ahead of a June 5 deadline.
Read more »

Biden, McCarthy Reach Final Agreement to Avoid Debt-Limit DefaultBiden, McCarthy Reach Final Agreement to Avoid Debt-Limit DefaultPresident Joe Biden said Sunday evening that he and House Speaker Kevin McCarthy had put the finishing touches on a bipartisan agreement to raise the nation’s debt ceiling and avoid a “catastrophic default.”
Read more »

McCarthy releases bill to raise debt limit, cut discretionary spendingMcCarthy releases bill to raise debt limit, cut discretionary spendingPresident Joe Biden said Speaker Kevin McCarthy 'kept his word, and he said what he would do.' Now he hopes Congress approves the agreement.
Read more »



Render Time: 2025-02-28 22:51:56