House GOP Plan Would Raise Debt Ceiling By $4 Trillion

The Hill reports:

House Republicans are moving forward with plans to raise the nation’s debt ceiling by $4 trillion as part of a larger plan to advance President Trump’s tax agenda.

The proposal, which was included in legislative text unveiled by the House Ways and Means Committee on Monday, is in line with House instructions outlined in a blueprint adopted by congressional Republicans last month that kicked off the process by which the party is using to enact Trump’s tax priorities.

Including the debt ceiling in the broader bill will allow Republicans to avoid Democratic demands for concessions in exchange for their votes to raise the debt limit.

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House GOP unveils plan to raise debt limit by $4 trillion https://t.co/P6FpNEJdI8

— The Hill (@thehill) May 12, 2025