Kevin McCarthy Proposes $1.5 Trillion Debt-Limit Increase with Large Spending Cuts Arjun Singh on April 19, 2023 House Speaker Kevin McCarthy released a long-awaited budget proposal Wednesday, which raises the …
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debt-limit
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By Howard Schneider WASHINGTON (Reuters) – Federal Reserve Chair Jerome Powell was blunt this week when he said the central bank couldn’t shield the economy from the damage should the …