House Republicans unveil potential agreement in bid to avoid government shutdown

White House sharply criticizes party’s alliance with wealthy influencers in spending negotiations

House Republicans have unveiled a potential agreement on the debt ceiling during a closed-door meeting in their bid to avoid a government shutdown, while the White House sharply criticized the party’s alliance with wealthy influencers in the spending negotiations.

According to Punchbowl News, Republican leadership presented slides during an afternoon meeting outlining a plan to raise the debt limit by $1.5tn in the “first reconciliation package”, paired with a pledge to cut $2.5tn in “net mandatory spending”.

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