national debt

U.S. House Speaker Kevin McCarthy, a California Republican, holds a press conference inside the U.S. Capitol’s Statuary Hall on the debt limit and government spending negotiations on Wednesday, May 24, 2023. (Jennifer Shutt/States Newsroom)

After years of bipartisan spending boosts, U.S. House GOP won’t lift debt ceiling without cuts

BY: - May 25, 2023

WASHINGTON — Republicans and Democrats in Congress together brokered dozens of debt limit agreements, including several during the past decade, marked by a desire in both political parties to increase federal spending. But U.S. House Republicans now are pushing for the federal government to spend less next year than it will this year in order […]