BREAKING: House Republicans pass bill to raise debt limit by $1.5T in exchange for steep spending restrictions, a tactical victory for Speaker Kevin McCarthy as he challenges President Joe Biden to negotiate and prevent a federal default this summer.
Speaker of the House Kevin McCarthy, R-Calif., arrives for a closed-door meeting with fellow Republicans as he pushes his sweeping debt ceiling package, at the Capitol in Washington, Wednesday, April 26, 2023. McCarthy is struggling to round up the votes for the bill, which would couple an increase of the country's debt ceiling with restrictions on federal spending. A final vote on the package is likely Thursday. Speaker of the House Kevin McCarthy, R-Calif.
WASHINGTON — House Republicans passed sweeping legislation Wednesday that would raise the government’s legal
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