President Biden and Speaker Kevin McCarthy, the Republican House leader, announced yesterday that they had reached a deal to increase the amount of money the government can borrow. The deal includes caps on federal spending, additional work requirements for food stamps and welfare…The deal would also claw back some of the funds previously allocated to…
President Biden and Speaker Kevin McCarthy, the Republican House leader, announced yesterday that they had reached a deal to increase the amount of money the government can borrow. The deal includes caps on federal spending, additional work requirements for food stamps and welfare…The deal would also claw back some of the funds previously allocated to the Internal Revenue Service to crack down on rich tax cheats.
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