More Pieces Of Paper: Biden & GOP Raise "Debt Ceiling" By $4 TRILLION

[G.L.R.]

Here are Some of the Reported Details of the Debt Limit Agreement Between Biden and McCarthy

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May. 28, 2023

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In a critical development to address the impending debt ceiling crisis, Joe Biden and Speaker of the House Kevin McCarthy (R-CA) have reached a deal on the debt limit. ...  Kevin McCarthy announced an "agreement in principle" with Joe Biden on a deal to raise the federal debt ceiling.  McCarthy posted to Twitter, "I just got off the phone with the president a bit ago. After he wasted time and refused to negotiate for months, we've come to an agreement in principle that is worthy of the American people." A vote in the House is expected Thursday...  the deal "has historic reductions in spending, consequential reforms that will lift people out of poverty into the workforce, rein in government overreach, there are no new taxes, no new government programs. There's a lot more within the bill. We still have more work to do tonight to finish all the writing of it..."  The agreement, reached after weeks of intense negotiations, aims to prevent a potential financial catastrophe created by the Democrats. The DC swamp proposed the largest debt ceiling increase in our nation's history, $4 trillion... the new agreement has NO full elimination of 87,000 IRS agents, NO elimination of the IRA green energy subsidies, NO elimination of the student loan redistribution program, NO spending freeze at FY2022 levels.

https://www.thegatewaypundit.com/2023/05/here-are-some-reported-details-debt-limit-agreement/