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News in English (USA) / 15.01.2025 / 16:00

House GOP Faces Debt Limit Challenges Amidst Trump’s Agenda

House Republicans are grappling with significant challenges as they outline their plans to pass Trump’s legislative agenda while addressing the critical issue of the debt limit. Speaker Mike Johnson has expressed his intention to include a debt limit increase in a massive reconciliation bill, emphasizing the need for party unity despite pushback from fiscal hawks within the GOP who are demanding spending cuts. There are rising concerns from hard-line conservatives who believe that any deviations from their fiscal principles could jeopardize GOP support. Johnson is exploring options for potentially collaborating with Democrats to extend the debt limit until 2029, although he has also signaled hesitance to solely rely on a go-it-alone strategy. Meanwhile, discussions continue within the party as they seek to settle the debt limit alongside vital issues such as border control and tax reforms.
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