Speaker Mike Johnson laid out an bold timeline Sunday for a mammoth spending budget reconciliation package deal that may enact A great deal of President-elect Donald Trump’s legislative agenda in the very first 100 days of his new administration.
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Johnson reported, “You will need to elevate the debt limit on paper so that we don’t frighten the bond markets on the globe’s economic climate,” but extra that “we are going to be cutting [spending] all along the best way so we can easily do the two of These points at the same time.”
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And it'll consider substantial time to negotiate further shelling out cuts during the fractious GOP meeting that can be necessary to get ample assist to boost the financial debt Restrict with no Democratic enable.