{"id":1914516,"date":"2023-04-13T23:43:36","date_gmt":"2023-04-14T03:43:36","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/it-appears-that-house-republicans-are-getting-ready-to-cave-on-the-debt-limit\/"},"modified":"2023-04-13T23:45:04","modified_gmt":"2023-04-14T03:45:04","slug":"it-appears-that-house-republicans-are-getting-ready-to-cave-on-the-debt-limit","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/it-appears-that-house-republicans-are-getting-ready-to-cave-on-the-debt-limit\/","title":{"rendered":"It Appears That House Republicans Are Getting Ready to Cave on the Debt Limit"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">28<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fit-appears-that-house-republicans-are-getting-ready-to-cave-on-the-debt-limit%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1914516&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><br \/>\n<section class=\"post-body\">\n<p>Over the past few months, Democrats have accused Republicans of driving the US towards defaulting on its financial responsibilities. Meanwhile, the GOP has maintained that it will not compromise on the debt limit but is looking to cut excessive spending in the country&#8217;s capital. This stance has rallied conservatives behind House Speaker Kevin McCarthy.<\/p>\n<div class=\"my-4\">\n<div id=\"div-gpt-300x250_4\" class=\"gpt-ad ad-250 text-center\" data-google-query-id=\"CKqOmq-6qP4CFY7zswodrx4PyA\">\n<div id=\"google_ads_iframe_\/6177\/redstate\/articles\/300x250_4_0__container__\" style=\"border: 0pt none;\"><iframe id=\"google_ads_iframe_\/6177\/redstate\/articles\/300x250_4_0\" name=\"google_ads_iframe_\/6177\/redstate\/articles\/300x250_4_0\" title=\"3rd party ad content\" width=\"300\" height=\"250\" scrolling=\"no\" marginwidth=\"0\" marginheight=\"0\" frameborder=\"0\" role=\"region\" aria-label=\"Advertisement\" tabindex=\"0\" sandbox=\"allow-forms allow-pointer-lock allow-popups allow-popups-to-escape-sandbox allow-same-origin allow-scripts allow-top-navigation-by-user-activation allow-presentation\" style=\"border: 0px; vertical-align: bottom;\" data-load-complete=\"true\" data-google-container-id=\"3\"><\/iframe><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"thm-piano-mop\"><\/div>\n<p>However, it seems like there has been very little progress in finding a way forward on this issue. McCarthy has not spoken or negotiated with President Joe Biden for months, and the plan the GOP leadership has proposed seems to be throwing everything at the wall and seeing what sticks.<\/p>\n<p>An article from Punchbowl News <a href=\"https:\/\/punchbowl.news\/archive\/41323-punchbowl-news-am\/\" target=\"_blank\" rel=\"noopener\">states that<\/a> the GOP&#8217;s plan is proposing to limit the budget&#8217;s growth to one percent annually for the next ten years. The plan would also rescind unspent COVID-19 funds, revoke some green tax credits, prohibit student loan forgiveness, and enact work requirements for social programs. Representative Garret Graves (R-LA) is leading the plan&#8217;s creation, deputized by Speaker Kevin McCarthy. However, McCarthy&#8217;s apparent lack of effort in creating the plan is worrying. Graves, being a moderate Republican, has raised some concerns among conservatives. McCarthy&#8217;s decision to delegate the creation of the plan suggests that he is not genuinely committed to conservative ideals regarding government spending.<\/p>\n<p>These issues have come to the forefront as McCarthy prepares to speak to the New York Stock Exchange to allay concerns they have about the U.S. debt ceiling. However, Punch<\/p>\n","protected":false},"excerpt":{"rendered":"<p>For months now, the Democrats have been attacking the Republicans, accusing them of attempting to cause the U.S. to default on its financial obligations. Meanwhile, the GOP has insisted they aren\u2019t going to cave on the debt limit but also says they are looking for cuts to address Washington D.C.\u2019s exorbitant spending. That has become<\/p>\n","protected":false},"author":1,"featured_media":1914517,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[547],"tags":[5840,10385,5487,3653,6612,5066,3756],"class_list":["post-1914516","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-bongino-report","tag-appears","tag-cave","tag-debt","tag-house","tag-limit","tag-ready","tag-republicans"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1914516","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1914516"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1914516\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1914517"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1914516"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1914516"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1914516"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}