Biden reinvigorates calls for Republicans to release budget before resuming debt ceiling talks -
Speaking to reporters early Saturday upon his return to the U.S. from a four-day trip to Ireland, Mr. Biden said “of course” he will speak with Mr. McCarthy but said called on the California Republican to “show me his budget.”
The GOP proposal would call for a cap on either non-defense discretionary spending or overall discretionary spending after paring the federal budget back to 2022 levels. Republicans are attempting to reinvigorate stalled debt limit negotiations with the White House when they return to Washington next week.Last month, the White House trashed a proposal put forward by the House Freedom Caucus meant to set the bar in the Republican Party as House Speaker Kevin McCarthy, California Republican, eyes a return to negotiations with the president.
The group says that its plan to cap discretionary spending alone, while allowing for 1% annual growth, would save $3 trillion over the long term while “cutting the wasteful, woke and weaponized federal bureaucracy.” The budget, which would set the U.S. on a course for record spending as a percentage of the economy, calls for an 8% increase over what the government is projected to spend in the current fiscal year.
The White House has said that both Republicans and Democrats have contributed to the national debt and that both parties should come together to raise the debt limit.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Texas Rep. Tony Gonzales, punished for moderate votes, builds his own brand as a pragmatist in D.C.As Gonzales emerges as a key figure in Republicans’ slim House majority, he has found...
Read more »
Shaq suggests Jill Biden's Iowa White House invitation wish was race relatedShaquille O'Neal suggested in the latest episode of his podcast that Jill Biden's Iowa invite after the national title loss to LSU was race related.
Read more »
President Biden Appoints Lady Gaga Co-Chair of Arts & Humanities CommitteeLady Gaga is getting some political experience, because President Biden is tapping her to co-chair a committee devoted to the arts.
Read more »
Shaq implies Jill Biden’s Iowa White House invite was about raceAdd Shaq to the chorus critiquing First Lady Jill Biden’s ill-fated White House invitation for the Iowa Hawkeyes.
Read more »
WATCH: Biden gets barked at by Irish president's dogThe President of Ireland's Bernese mountain dog barked at Biden during his visit Thursday as they made their way to a tree-planting ceremony.
Read more »