Debt limit battle heats up in Congress with McCarthy at odds.

House Speaker Kevin McCarthy plans to release a bill text on Wednesday detailing his party's plan to raise the national debt limit for one year and is pushing for a floor vote next week. The proposal includes raising the debt ceiling by $1.5 trillion or until March 31 of next year, whichever comes first. McCarthy needs to include enough sweeteners to woo skeptical conservative hardliners without alienating his moderate members and swing-district Republicans, limiting defections to no more than four Republicans. The White House has insisted that the borrowing limit be raised without any conditions, a position that the House GOP has steadfastly rejected.