{"id":1937520,"date":"2023-05-25T00:10:41","date_gmt":"2023-05-25T04:10:41","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/debt-ceiling-negotiations-stall-on-spending-cuts-as-deadline-nears\/"},"modified":"2023-05-25T00:12:47","modified_gmt":"2023-05-25T04:12:47","slug":"debt-ceiling-negotiations-stall-on-spending-cuts-as-deadline-nears","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/debt-ceiling-negotiations-stall-on-spending-cuts-as-deadline-nears\/","title":{"rendered":"Debt ceiling talks stuck on spending cuts with deadline approaching."},"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\">20<\/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%2Fdebt-ceiling-negotiations-stall-on-spending-cuts-as-deadline-nears%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=1937520&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--><h2>Debt Limit Talks Stall Over Federal Spending Limits<\/h2>\n<blockquote>\n<div class=\"aplayer_app\" data-source=\"https:\/\/vs1.youmaker.com\/assets\/2023\/0524\/df40a1bc-14a0-4cd5-b613-417678c327ab\/audio.mp3?length=2175309&#038;duration=181\"><\/div>\n<\/blockquote>\n<p>As the June 1 deadline for raising the U.S. debt limit approaches, negotiations have hit a snag over <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/debt-ceiling-negotiations-stall-on-spending-cuts-as-deadline-nears\/\" title=\"Debt ceiling talks stuck on spending cuts with deadline approaching.\">federal discretionary spending limits<\/a> for 2024.<\/p>\n<p>The White House negotiators, Steve Ricchetti and Shalanda Young, have been meeting with Republican Representatives Garret Graves and Patrick McHenry to try and reach an agreement.<\/p>\n<p>Republicans are pushing for the provisions of their Limit, Save, Grow Act to be enacted in exchange for raising the debt limit. The bill aims to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/mccarthy-thinks-congress-will-quickly-pass-debt-ceiling-deal-if-agreement-reached-with-biden\/\" title=\"McCarthy predicts swift passage of debt ceiling deal with Biden agreement.\">limit federal discretionary spending<\/a> to the 2022 level, <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-mccarthy-meeting-offers-hope-of-deal-on-debt-ceiling\/\" title=\"Biden and McCarthy meet to discuss debt ceiling deal.\">increase work requirements<\/a> for some recipients of Medicaid and SNAP, claw back unspent COVID-19 funds, and <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/white-house-remains-positive-about-debt-ceiling-deal-despite-snags-in-negotiations\/\" title=\"White House optimistic about debt ceiling deal despite negotiation setbacks.\">loosen permitting requirements<\/a> for oil and gas.<\/p>\n<p>However, negotiations have hit a roadblock, with McHenry and Graves stating that the two sides remain far apart. Graves has said that there are fundamental disagreements on spending, while McHenry theorizes that the White House negotiators may be hamstrung by boundaries laid down by the president.<\/p>\n<h3>Key Provisions of the Limit, Save, Grow Act:<\/h3>\n<ul>\n<li>Limit total 2024 federal discretionary spending to 2022 level<\/li>\n<li>Limit spending increases to 1% annually<\/li>\n<li>Increase work requirements for some Medicaid and SNAP recipients<\/li>\n<li>Claw back unspent COVID-19 funds<\/li>\n<li>Loosen permitting requirements for oil and gas<\/li>\n<\/ul>\n<p>It remains to be seen whether an agreement can be reached before the June 1 deadline.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Talks on raising the U.S. debt limit before the June 1 deadline have hit a snag due to the 2024 limits on federal discretionary spending. White House negotiators Steve Ricchetti and Shalanda Young have been in discussions with Reps. Garret Graves and Patrick.<\/p>\n","protected":false},"author":1793,"featured_media":1937521,"comment_status":"open","ping_status":"closed","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":[],"tags":[11766,27049,10142,3862,15402,5487,3834,3745],"class_list":["post-1937520","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-stuck","tag-approaching","tag-ceiling","tag-cuts","tag-deadline","tag-debt","tag-spending","tag-talks"],"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\/1937520","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\/1793"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1937520"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1937520\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1937521"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1937520"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1937520"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1937520"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}