
House GOP Hardliners Push For $4 Trillion Debt Limit Increase
Huff PostLOADING ERROR LOADING The House Freedom Caucus, a group of hard-right conservative and libertarian Republicans, wants a $4 trillion hike in the nation’s debt limit as part of the GOP’s big but still-developing tax and spending cut plans. The Freedom Caucus proposal also splits with the current House GOP leadership stance by seeking two separate bills be passed with only Republican votes in a process called reconciliation instead of one. In addition to the $4 trillion debt limit hike, the Freedom Caucus said the first package should include about $100 billion more for border security and $100 to $200 billion more for defense spending. The group said its plan had several advantages including “Speed to deliver huge early wins on key priorities for President Trump,” reducing Democratic leverage in ongoing annual spending talks and leaving room to pass a second GOP-votes-only package that would include tax cuts.
History of this topic

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