The ongoing struggle to pass the debt ceiling.

1 min read
Source: Axios
The ongoing struggle to pass the debt ceiling.
Photo: Axios
TL;DR Summary

House Republican leadership needs to revise its debt ceiling bill to get through its own caucus, with a deadline coming as soon as June. Republicans feel emboldened by the growing number of Democrats calling on President Biden to negotiate if the House passes a debt ceiling proposal. House leadership knows it's risky to agree to change anything in the package, which could lead to a series of fresh demands. Biden has already started to attack Republicans based on the proposal.

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