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The politics of raising the debt limit

CQ Budget, Episode No. 275

Speaker Kevin McCarthy, R-Calif., is trying to unite his party around a bill pairing a debt limit increase with spending constraints. (Tom Williams/CQ Roll Call)
Speaker Kevin McCarthy, R-Calif., is trying to unite his party around a bill pairing a debt limit increase with spending constraints. (Tom Williams/CQ Roll Call) (CQ Roll Call)

House Republicans are drafting legislation offering Democrats a debt limit increase combined with discretionary spending caps, tougher work requirements for food stamps, rescinding unspent pandemic aid, and more. CQ Roll Call’s David Lerman, Peter Cohn and Lindsey McPherson outline the GOP game plan and assess how the battle over the debt ceiling may play out.

Show Notes:

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