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House Republicans agree on Plan B government funding bill with Trump's debt limit increase

^{Published on 2024-12-19 17:40:42 - FOX59 News}
 

• House Republicans have reached an agreement on funding the government before Friday's shutdown deadline. The deal would also suspend the debt limit for two years.

House Republicans have agreed on a "Plan B" for government funding and addressing the debt ceiling, which involves a short-term continuing resolution (CR) to keep the government funded through early December. This plan comes as an alternative to a more comprehensive bill that would have included significant spending cuts and policy changes, which failed to garner enough support. The CR aims to prevent a government shutdown and buy time for further negotiations on spending and the debt limit. This move is seen as a strategic retreat to avoid immediate fiscal crises while still pushing for future budget negotiations. The plan does not include the previously proposed increase in the debt ceiling, which was linked to President Trump's conditions for spending cuts and policy reforms.

Read the Full Fox News Article at:
[ https://www.foxnews.com/politics/house-republicans-agree-plan-b-government-funding-bill-trumps-debt-limit-increase ]

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