Debt Ceiling Proposal Expected to Pass House Tomorrow
The agreement would extend the debt ceiling until January 2025.
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The agreement would extend the debt ceiling until January 2025.
In exchange for extending the debt ceiling, the Biden administration agreed to budget cuts and changes to the federal energy permitting process.
From the editorial: "In Hollywood, action heroes rescue the innocent hostages when they have a gun to their head. In the real world, sometimes deals have to be struck with malefactors."
By Don Surber: Kevin McCarthy and Joe Biden brought the nation together with their compromise on raising the national credit limit. Just about everyone hates it. The left is upset because there will be $136 billion in spending cuts in the next two years. The right is upset because that is only 1.7%
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