House Speaker Kevin McCarthy unveiled a sweeping package that would raise the nation’s debt limit by $1.5 trillion into next year while imposing a long list of Republican priorities.
Speaker of the House Kevin McCarthy, R-Calif., joined at far left by House Majority Leader Steve Scalise, R-La., holds an event to mark 100 days of the Republican majority in the House, at the Capitol in Washington, Monday, April 17, 2023. In a speech Monday at the New York Stock Exchange, the Republican leader accused President Joe Biden of refusing to engage in budget-cutting negotiations to prevent a debt crisis.
“President Biden is skipping town to deliver a speech in Maryland rather than sitting down to address the debt ceiling,” McCarthy, R-Calif., said in a speech on the House floor. Loading the bill up are other Republican priorities, including their marquee H.R. 1, a sweeping energy bill that aims to boost oil, gas and coal production while overhauling permitting regulations to ease such developments.
Senate Majority Leader Chuck Schumer, D-N.Y., meets with reporters to criticize Speaker of the House Kevin McCarthy, R-Calif., for playing politics as they grapple with a solution to the debt ceiling deadline, at the Capitol in Washington, Monday, April 17, 2023. Schumer also fielded questions on the extended absence of Sen. Dianne Feinstein, D-Calif., who is recovering from shingles.
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