House Republican leadership has a slide up that has an agreement on the debt limit


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According to Punchbowl:

  • Republican leadership has a slide-up that has an agreement on the debt limit
  • The agreement says that the House Republicans will raise the debt limit by $1.5 trillion in the first reconciliation package, alongside a promise to cut $2.5 trillion in net mandatory spending in the reconciliation process.

Meanwhile House Majority Leader Scalise is saying:

  • There is a plan against US there today, and if not they will do it tomorrow

House Speaker Johnson says: has spoken to the present electronic about new funding plan

Finally, the White House says

  • Republicans need to stick with bipartisan deal to keep the government open
  • There is still time to avoid a government shutdown

This article was written by Greg Michalowski at www.forexlive.com.

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