The White House stepped up its offensive against the House Freedom Caucus over the weekend after the bloc of conservatives laid out a series of demands for securing their vote to raise the nation's debt ceiling.
‘s embattled $400 billion student loan write-off, clawing back unspent COVID-19 funds, rescinding the $80 billion IRS beef-up approved last December and capping discretionary spending at 2022 levels for the next decade.
With nearly 50 members and allies, the Freedom Caucus has clout in the House GOP to affect negotiations. Mr. McCarthy, though, has not signaled whether he is on board with the group’s latest demands. The budget, which would set the U.S. on a course for record spending as a percentage of the economy calls for an 8% increase over what the government is projected to spend in the current fiscal year.
Mr. McCarthy, California Republican, has said Social Security and Medicare are off the table in the debt-reduction talks but has called on Democrats to put forward a plan to reduce what he says is runaway spending.
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