Dems reject matched spending cuts, setting up showdown with House Republicans over debt ceiling
(Worthy News) – It’s that time again: Congress has less than one week to hammer out an agreement to raise the debt limit before the U.S. Treasury Department must take “extraordinary measures.”
The U.S. government is expected to reach the $31.4 trillion debt ceiling by Jan. 19. The national debt is currently $31.3 trillion. The debt ceiling was last increased in December 2021.
Members of the conservative House Freedom Caucus have said that spending cuts should match the amount of any debt limit increase. [ Source: Just the News (Read More…) ]
Worthy News reports from a biblical worldview with a commitment to accuracy, transparency, and editorial independence. Learn more about About Worthy News, our Editorial Standards, AI Use Policy, Ownership of Worthy News, News Tips and Corrections, and Worthy News Staff.
💡 Did you know? One of the best ways you can support Worthy News is by simply leaving a comment and sharing this article.
📢 Social media algorithms push content further when there’s more engagement — so every 👍 like, 💬 comment, and 🔄 share helps more people discover the truth. 🙌
Latest Worthy News
Books by George Whitten
Identity in Messiah Revealed https://identityinmessiah.com
A devotional journey calling believers out of self-doubt and into confident, Kingdom-rooted identity in the Messiah.
Get it on Amazon
The Biblical Fall Feasts Revealed https://biblicalfallfeasts.com
An in-depth look at the Biblical fall feasts and their prophetic significance for believers today.
Get it on Amazon