House Republicans passed a bill on the debt limit and spending cuts on Wednesday, but talks with the Biden administration are still ongoing and there are many areas of disagreement. The White House has proposed a plan to raise the debt limit and suspend it until the end of July, as well as a $1.7 trillion infrastructure package, both of which have been rejected by the GOP. The deadline for raising the debt limit is August 2nd, and if no agreement is reached, the US could default on its debt for the first time in history.
Posts tagged as “Club for Growth’”
The Republican Party is facing a divide as it prepares for the 2024 presidential nomination process, with former President Donald Trump headlining the Conservative Political Action Conference (CPAC) and Florida Governor Ron DeSantis skipping the event for the Club for Growth's private donor retreat. Adding to the turmoil is a lawsuit filed against Matt Schlapp, chair of the American Conservative Union, which organizes the CPAC. These events will likely provide further insight into the party's future.