House Speaker Kevin McCarthy said Republicans would seek to eliminate the annual budget deficit in talks with Democrats over raising the debt limit
WASHINGTON—House Speaker Kevin McCarthy said Republicans would seek to eliminate the annual budget deficitSince they took control of the House last month, Republicans have been arguing thatin exchange for GOP
support for raising the debt limit, now at about $31.4 trillion. In an address Monday ahead of President Biden’s State of the Union address on Tuesday, Mr. McCarthy laid out the size of the cuts Republicans are seeking.
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