316 pages of debt ceiling legislation proposed by Republicans, zero from Democrats
COMMENTARY
By Newt Gingrich - - Monday, May 8, 2023
OPINION:
Treasury Secretary Janet Yellen’s announcement that the U.S. government could run out of money by early June starts the next phase of the debt ceiling dance.
The score at this point is House Republicans 316, President Biden and Sen. Chuck Schumer zero.
The 316 is the number of pages in the Limit, Save, Grow Act, which House Republicans passed by 217-215 on April 26. That act cuts $4.8 trillion in spending and raises the debt ceiling so there will be no risk of default.
The zero is the number of pages in bills proposed by Mr. Biden and Mr. Schumer, the Senate majority leader. Since there is no Democratic bill to stop the United States from going into default, there has been no vote in the Senate on a Schumer-Biden proposal.
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READ MORE: https://www.washingtontimes.com/news/2023/may/8/316-pages-of-debt-ceiling-legislation-proposed-by-/
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