Top Republicans in the U.S. House of Representatives said on Tuesday they would move forward with a vote this week on a partisan bill to slash spending and raise the government's $31.4 trillion debt ceiling, despite signs of growing opposition within their own ranks.
House Speaker Kevin McCarthy, who hopes the plan will jumpstart talks with President Joe Biden, ignored reporters who asked if Republicans had the 218 votes needed to adopt the measure, which would raise the borrowing limit by $1.5 trillion."Vote on it this week? Yes. This week!" McCarthy told reporters in the U.S. Capitol. "If there's any change, I'll be sure to tell you. But right now, we’re moving forward.
McCarthy can afford to lose no more than four votes to gain House approval. But at least that many appeared to be withholding support on Tuesday. It could be difficult for Congress to raise the debt ceiling before then if House Republicans are unable to unite behind a proposal, analysts say.
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