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Republican McCarthy unveils plan to lift US debt ceiling, cut spending Republican U.S. House Speaker Kevin McCarthy on Wednesday unveiled a plan to raise the nation's debt ceiling by $1.5 trillion and cut federal spending by three times that amount, laying out an opening position in what is likely to be a tense partisan debate over government borrowing. #[0] #[1] #[2] #[3] #[4] #[5] https://ground.news/article/mccarthy-gop-debt-limit-plan-proposes-45-trillion-in-cuts-eliminates-student-loan-forgiveness_fc0cca
