{"id":10525,"date":"2023-04-25T12:02:33","date_gmt":"2023-04-25T12:02:33","guid":{"rendered":"http:\/\/lonecandle.com\/?p=10525"},"modified":"2023-04-25T12:02:33","modified_gmt":"2023-04-25T12:02:33","slug":"we-will-pass-it-mccarthy-whipping-debt-limit-bill","status":"publish","type":"post","link":"https:\/\/lonecandle.com\/?p=10525","title":{"rendered":"\u2018We will pass it&#8217;: McCarthy whipping debt limit bill"},"content":{"rendered":"\n<p>\n\n&#8220;Even if McCarthy is able to push his debt limit bill to House approval, the legislation is dead-on-arrival in the Democratic-controlled Senate. Instead, the GOP debt bill is effectively a messaging tool for Republicans in their push for talks with President Joe Biden, who has thus far insisted on a no-strings-attached increase of the debt limit.<br>The Treasury Department has already been using \u201cextraordinary measures\u201d for months to hold off a default while an unclear \u201cX-date\u201d looms. But there could be more clarity soon: The Congressional Budget office and the Bipartisan Policy Center are planning to release updated projections the second week of May.&#8221;<br><a href=\"https:\/\/www.politico.com\/news\/2023\/04\/24\/kevin-mccarthy-debt-limit-bill-00093462\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.politico.com\/news\/2023\/04\/24\/kevin-mccarthy-debt-limit-bill-00093462<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;Even if McCarthy is able to push his debt limit bill to House approval, the legislation is dead-on-arrival in the Democratic-controlled Senate. Instead, the GOP debt bill is effectively a messaging tool for Republicans in their push for talks with President Joe Biden, who has thus far insisted on a no-strings-attached increase of the debt limit.<\/p>\n<p>The Treasury Department has already been using \u201cextraordinary measures\u201d for months to hold off a default while an unclear \u201cX-date\u201d looms. But there could be more clarity soon: The Congressional Budget office and the Bipartisan Policy Center are planning to release updated projections the second week of May.&#8221;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[13],"tags":[542,7,1393,1385,1809,130],"class_list":["post-10525","post","type-post","status-publish","format-standard","hentry","category-article-share","tag-congress","tag-debt","tag-debt-ceiling","tag-debt-limit","tag-kevin-mccarthy","tag-republican"],"_links":{"self":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/10525","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10525"}],"version-history":[{"count":1,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/10525\/revisions"}],"predecessor-version":[{"id":10526,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/10525\/revisions\/10526"}],"wp:attachment":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10525"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10525"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10525"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}