How to Enforce a Debt Deal: Through Meat-Ax' Cuts Nobody Wants
Briefly

The bipartisan legislation the House passed on Wednesday to suspend the debt ceiling and impose spending caps contains an arcane but important provision aimed at forcing both sides to follow through on the deal struck by President Biden and Speaker Kevin McCarthy.The 99-page measure would suspend the $31.4 trillion borrowing limit until January 2025.
Read at www.nytimes.com
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