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House Republicans Finalizing Offer to Biden on Debt-Ceiling Deal

  • GOP ‘deal sheet’ is expected to include domestic spending cuts
  • Conservatives have endorsed a decade-long spending cap
Budget Committee Chair Jodey Arrington

Budget Committee Chair Jodey Arrington

Photographer: Al Drago/Bloomberg

House Republicans are finalizing a formal list of spending cuts they’ll demand from President Joe Biden in exchange for their support for raising the US debt ceiling, Budget Committee Chair Jodey Arrington told reporters. 

Speaker Kevin McCarthy has made the “deal sheet” a priority so Republicans can make their first offer in the debt-ceiling negotiations, Arrington said. The GOP’s 10-year budget plan has taken a backseat and will be released later than the April 15 target date.