Mccarthy unveils $1.5 trillion debt bill

We ran the numbers:

There are 1,639 news articles covering this topic.

58% (946) are left-leaning, 29% (477) are centrist, and 13% (216) are right-leaning.

On Wednesday, House Speaker Kevin McCarthy (R-Calif.) announced a Republican debt bill that would raise the debt ceiling by $1.5 trillion and cut spending. Left-leaning articles highlight the contents of the bill and the implications the legislation will have on the White House, while right-leaning articles highlight Republican support behind McCarthy’s debt bill in hopes that it pushes President Joe Biden’s administration to the negotiating table. 

USA Today published a centrist article reporting that McCarthy revealed his debt limit plan to raise the debt ceiling and cut back on spending. The bill—termed the Limit, Save, Grow Act—pushes Biden to negotiate, giving him no excuse to ignore the debt crisis. McCarthy’s package included massive cuts to programs and benefits that Biden says will hurt “hard-working” people the most. Biden responded that he will not negotiate on the debt ceiling, opposing the plan and describing it as pushing a “MAGA economic agenda.” 

A left-leaning article by The Washington Post highlighted that McCarthy’s package is dedicated to increasing the debt ceiling by $1.5 trillion and imposing Republican priorities that are anticipated to be nonstarters for the White House. The package, which is backed by top GOP members, pushes for Republican efforts, including imposing work requirements on recipients of government aid. The Post highlighted that although the legislation is unlikely to become law, the support behind it puts pressure on the White House to negotiate on the debt crisis, which they have previously been unwilling to do.

A right-leaning article by Fox News highlighted Republican support for McCarthy after he unveiled the bill that would raise the debt limit and cut back on spending. The bill would need 218 votes to pass, meaning it would need the support of moderates and hardliners alike. Regardless, leading Republicans have touted their support for the bill, stating it would put pressure on Biden and his administration to negotiate. The bill will be ready next week, with details still unclear. 


Previous
Previous

House Passes GOP Bill blocking Transgender Athletes from Women's Sports

Next
Next

GOP blocks Democratic attempt to replace Feinstein on Judiciary Committee