Debt ceiling concerns overshadow GOP budget plans.

1 min read
Source: The Hill
Debt ceiling concerns overshadow GOP budget plans.
Photo: The Hill
TL;DR Summary

House Republicans are downplaying the importance of a GOP budget in the context of debt-ceiling talks, signaling their blueprint might not even be finalized until after the conference figures out its moves on raising the federal government’s borrowing limit. President Biden has insisted that the House GOP produce a budget plan before he sits down with Speaker Kevin McCarthy (R-Calif.) about spending cuts and other concessions that the GOP wants tied to raising the debt limit. Republicans are signaling they want to talk about the debt ceiling regardless of their budget.

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