Skip to content

Search for debt limit compromise

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:

Recent Stories

Trump to depart G7 summit early after warning Tehran should be evacuated

Security concerns shake Congress in the wake of Minnesota slayings

Senate’s spectrum proposal raises aviation safety question

Justice Department says Trump can undo monument designations

Trump urges Iran to make deal ‘before it’s too late’ in conflict with Israel

Photos from the U.S. Army’s 250th anniversary parade