Page 40 - Representative Chip Roy News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Congress faces a dilemma in 2023 to properly resource defense programs for fiscal year (FY) 2024 and beyond to counter China and other high-priority threats to U.S. interests while reducing annual deficit spending in the wake of decades of reckless federal expenditures over the past three decades. Every dollar that can be saved in the existing defense budget is one that can be applied to increasing the lethality and effectiveness of the Armed Forces and achieving related government priorities.

Lawmakers regularly need to raise the self-imposed debt limit to cover the cost of spending and tax cuts they have already approved.

The two expressed optimism heading into the weekend that the gulf between their positions could be bridged.

By Nandita Bose, Jarrett Renshaw and David Morgan WASHINGTON (Reuters) - U.S. President Joe Biden and top congressional Republican Kevin McCarthy on Thursday appeared to be nearing a deal to cut spending and raise the

NEWSMAX Staff | Thursday, 25 May 2023 03:48 PM EDT Read more at https://www.newsmax.com/us/debt-ceiling-negotiations/2023/05/25/id/1121215/ (Getty Images) President Joe Biden and top congressional Republican Kevin McCarthy on Thursday appeared to be nearing a deal to cut spending and raise the government's $31.4 trillion debt ceiling, with little time to spare to head off the risk of…