With as few as seven weeks left, GOP races to ready debt ceiling bill
spelling out his party’s broad demands: Deep spending cuts, a clawback of unspent coronavirus aid, new work requirements on welfare recipients and a slew of policy proposals, including easier permitting for oil and gas drilling. GOP leaders came to the approach after months of listening sessions with their various factions convened by top lawmakers including Emmer.
But Republicans have not yet produced their plan — and some fear they never will as they shift their attention to negotiating over the debt ceiling. But a significant portion of the GOP framework remains unresolved, including exactly how much to cut. Some Republicans have sought what they describe as “structural reforms,” including additional curbs on spending if debt becomes too great a percentage of gross domestic product, a measure of national economic output, one of the sources said.
McCarthy’s top allies have tried to downplay some of the tensions in recent weeks. His top aides, meanwhile, have labored to sell conservatives on the idea that the early framework is beneficial. They have pointed to the fact that a one-year debt ceiling increase would permit them a second opportunity next year to extract more spending concessions from Biden, according to one of the people familiar with the matter.
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