House Speaker Details GOP Plan to Raise Debt Ceiling in Reconciliation Bill

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By Tom Ozimek House Speaker Mike Johnson (R-La.) said on Jan. 7 that congressional Republicans plan to raise the nation’s borrowing limit through a party-line reconciliation bill designed to encompass President-elect Donald Trump’s policy priorities. Johnson described the debt cap increase as a necessary, pro-forma measure to avoid brinkmanship with Democrats that could destabilize bond […]