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CQ Budget, Episode No. 277

Senate Majority Leader Charles E. Schumer, D-N.Y., vowed to pursue a "clean" debt limit increase that rejects GOP spending cuts.
Senate Majority Leader Charles E. Schumer, D-N.Y., vowed to pursue a "clean" debt limit increase that rejects GOP spending cuts. (Bill Clark/CQ Roll Call)

The House narrowly passed a Republican-backed bill to raise the debt limit into next year and force spending cuts. But Congress appeared no closer to a bipartisan deal needed by summer to extend the government’s borrowing authority. CQ Roll Call’s David Lerman, Lindsey McPherson and Laura Weiss assess what may come next in the search for a compromise.

Show Notes:

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