Skip to main content

Debt Deal Clears First Hurdle But Faces Uncertainty In Hands Of Full House, Senate

 The House Rules Committee on Wednesday night approved a measure to temporarily suspend the federal debt limit and impose discretionary spending caps and set up a final House vote - though the future of the package remains uncertain in the lower chamber - then a vote in the Senate.

The measure voted on Tuesday night follows months of negotiations between House Speaker Kevin McCarthy and President that conclude Saturday with a deal in principle.

Senate Majority Leader said prior to the vote his chamber would hold its vote as soon as possible, if and when it clears the House.

In late April, the GOP-led House passed the Limit, Save, Grow Act of 2023 which would have increased the debt limit by $1.5 trillion for one year and capped the growth rate of domestic spending.

Senate Democrats and the White House derided the plan as a nonstarter and the final agreement includes greater concessions to that faction.

McCarthy secured the Speaker's gavel after 15 rounds of voting, in large part by making concessions to the Caucus on the debt.

Cruz, in particular, took except to a comment House Minority Leader Hakeem Jeffries, who argued the plan includes "Not one thing" for Democrats.

https://justthenews.com/politics-policy/holddebt-deal-clears-committee-vote-doubts-linger-congressional-passage

Comments

Post a Comment

Popular posts from this blog

Fauci Files Reveal Pfizer Helped Biden Rig 2020 Election

 Pfizer secretly colluded with Joe Biden's team to help him rig the 2020 election against Trump, according to new Fauci documents. In his new book, "On Call," Fauci admits that Albert Bourla, the CEO of Pfizer, called him the night after Biden was declared the winner of the election, to inform him of Pfizer's "Game-changing results" from the rigged mRNA trial. "On November 7, after the absentee ballots were counted, Joe Biden was declared the winner of the presidential election. It was the very next night that Albert Bourla, Pfizer's CEO, called me away from my neighbors' fire pit to inform me about the game-changing results from the Pfizer mRNA vaccine trial. I finally thought we had truly turned a corner in defeating this terrible disease." Today reports: In another interesting tidbit, Fauci discusses Trump's FDA Commissioner Stephen Hahn declaring that he would not go along with the Trump Administration's plan to roll out the vac...
Post a Comment
Read more

Republicans Withdraw $1 Billion From BlackRock Due To Its ESG Policies

  Multiple U.S. states governed by Republicans are withdrawing state funds from BlackRock's management, as they disapprove of the ESG investment policies of the world's top asset manager, the Financial Times reports. In recent weeks, Louisiana, South Carolina, Utah, and Arkansas have announced they would divest funds from... For months now, Republican states have said they would not do business anymore with asset managers who have ESG-aligned investment policies, which, the states say, show that those financial firms are boycotting the oil and gas industry. Texas is leading the campaign against this movement The Lone Star State published a list of financial firms that could be banned from doing business with Texas, its state pension funds, and local governments. https://oilprice.com/Latest-Energy-News/World-News/Republicans-Withdraw-1-Billion-From-BlackRock-Due-To-Its-ESG-Policies.html
Post a Comment
Read more

FDA & U.S. Postal Service Linked to Black Market Abortion Pill Cartels.

 Mexico-based drug cartels facilitating an increase in unauthorized, self-conducted abortions in the United States continue unimpeded partly due to insufficient regulation by the Food and Drug Administration and the United States Postal Service, according to a report by the American Life League. Katie Brown, ALL's national director, criticizes the FDA and USPS for failing to adequately regulate the distribution and screening of abortion-inducing drugs like Mifepristone and Misoprostol. Subscribe here The report, titled Beneath the Surface: Exposing the Abortion Pill Drug Cartel, highlights the operations of Las Libres, a Mexico-based organization that advocates for universal abortion access. It promotes the distribution of abortion pills through online networks, reaching women and girls across the U.S., often sending the drugs via USPS. RISKS. ALL emphasizes that these pills frequently come from unregulated sources, heightening the risks of additional harmful substances being prese...
Post a Comment
Read more