Republican-led efforts to raise debt ceiling and limit spending cause controversy.

1 min read
Source: The Wall Street Journal
Republican-led efforts to raise debt ceiling and limit spending cause controversy.
Photo: The Wall Street Journal
TL;DR Summary

Republicans, who have long opposed net tax increases, have advanced debt-ceiling legislation that would raise taxes by over $300 billion over a decade, according to congressional estimates. The tax increase is part of their opposition to the administration's green-energy policies.

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