Skip to Content

What’s in the GOP bill to lift debt limit, cut spending

KTVZ

By KEVIN FREKING
Associated Press

WASHINGTON (AP) — House Republicans are pushing their top priorities in a bill to raise the debt limit. The GOP bill that passed the House on Wednesday would suspend the federal debt limit through March 31 or by $1.5 trillion, whichever comes first. It would also roll back many of President Joe Biden’s policies, repealing tax credits for clean energy, ending student debt relief and clawing back unspent funds from the COVID-19 pandemic. The bill has virtually no chance of becoming law, but Republicans hope it will force Biden to the negotiating table on the debt limit.

Article Topic Follows: AP National News

Jump to comments ↓

Associated Press

BE PART OF THE CONVERSATION

KTVZ NewsChannel 21 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content