U.S. House Republicans and Democrats showed no sign of surrendering their partisan positions after a briefing on the nation's $31 trillion debt on Wednesday, the day before President Joe Biden is due to unveil his 2024 spending plan
Republicans hold a majority in the House, while Biden's fellow Democrats control the Senate.
The Republican-led House Budget Committee is expected to follow up in coming weeks. It has been looking atin cuts to nondefense discretionary programs for 2024 that would reset spending to fiscal 2022 levels and save $1.5 trillion over a decade by holding spending increases to an annual 1%. But after hearing the CBO presentation, McCarthy ruled out new taxes as a way to address the U.S. fiscal position."We could find common ground. It won't be new taxes," he said. "Raising taxes in a low-growth economy like this will only hurt us more and put us into recession."
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
House Republicans seek more information about classified documents found in Biden's private officeFIRST ON CBS NEWS: House Republicans are calling on the Biden administration to release more information about its handling of documents marked classified found in a private office once used by President Biden.
Leer más »
How House Republicans keep Senate Democrats off balance and out of step with Joe BidenThe House on Wednesday is poised to reject President Biden’s expansion of the Environmental Protection Agency’s jurisdiction over streams and wetlands in the name of conservation, advancing the issue to the Senate.
Leer más »
House Republicans to highlight US debt ahead of Biden budget proposalU.S. House Republicans plan to focus on the federal government's $31.4 trillion debt in a closed-door meeting the day before President Joe Biden unveils 2024 spending plan.
Leer más »
House GOP probes whether White House suppressed public statement on Biden's classified docs mishandlingHouse Committee on Oversight and Accountability Chairman James Comer, R-Ky. is demanding to know whether the White House suppressed a public statement on President Biden's mishandling of classified documents.
Leer más »
House Oversight asks whether White House suppressed public statement on Biden classified documentsHouse Oversight Committee Chairman James Comer (R-OK) pressed the White House on Tuesday about whether aides pressured the National Archives and Records Administration to stay quiet about President Joe Biden’s mishandled classified documents.
Leer más »
Republicans feud on House floor over anti-LGBTQ school billA Missouri bill wants to stop teachers from discussing sexual orientation and gender identity in school classrooms.
Leer más »