December 20, 2024 at 06:03PM
According to Punchbowl:
Republican leadership has a slide-up that has an agreement on the debt limit
The agreement says that the House Republicans will raise the debt limit by $1.5 trillion in the first reconciliation package, alongside a promise to cut $2.5 trillion in net mandatory spending in the reconciliation process.
Meanwhile House Majority Leader Scalise is saying:
There is a plan against US there today, and if not they will do it tomorrow
House Speaker Johnson says: has spoken to the present electronic about new funding plan
Finally, the White House says
Republicans need to stick with bipartisan deal to keep the government open
There is still time to avoid a government shutdown
This article was written by Greg Michalowski at www.forexlive.com.