House Speaker McCarthy outlines debt limit bill that he hopes to pass with Republican support, triggering a frantic push to gather the votes in his narrow majority.
and said Congress should allow the U.S. to pay its bills without conditions, a position McCarthy has blasted as irresponsible.
But if the House passes a measure, that could raise the pressure on Senate Democrats to craft their own competing bill. A memo Tuesday by Goldman Sachs’ economic research team said the debt limit deadline could come earlier than it had expected.
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