The GOP's Struggle with Budget Planning and Debt Talks.
House Republicans' budget proposal could take months to play out, complicating negotiations related to raising the nation's borrowing limit and potentially pushing it past the deadline for Congress to act on raising the debt ceiling. Instead, top Republicans want to start talks immediately on a shorter list of demands for this year, without a formal budget in hand, to avoid a U.S. default on debt payments and other government obligations. President Biden said he needs to see the Republican budget proposal to start negotiations.