Dave & Dujanovic

The Deal of the US Debt Ceiling


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The handshake agreement comes with a 99-page debt limit bill. Speaker McCarthy says that he'll give everyone 72 hours to read it before he puts it up for a vote. Any negotiations attached to the debt ceiling are a Republican win. Biden wanted a clean, no-strings-attached bill, He didn't get it. LINDSAY WATTS, ABC NEWS CORRESPONDENT, WASHINGTON. Republicans passed their own version of a bill that raised the debt limit and cut spending. It didn't go anywhere because it had zero bi-partisan support. That's why House Speaker Kevin McCarthy and the President had to get together and negotiate this current deal. One thing that ended up unnegotiated was President Biden's $500B student loan forgiveness program. KSL Legal Analyst, Greg Skordas.  Republicans can spin a win -- sort of with a new work requirement for people who qualify for food stamps -- sort of because they wanted to raise the work requirement to age 64 and agreed to raise it to 54. SNAP -- not Medicaid. Would require able-bodied adults with no kids -- up to age 54 instead of 49 to work 20 hours a week/training program. The Republicans wanted age 64 saying it would save about $11 billion over a decade. Not sure what the new age requirement will save taxpayers. Murise (Muris) Prses (Persus) - Assistant Director of Eligibility at Workforce Services and Gina Cornia/Utahns Against Hunger.  

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Dave & DujanovicBy Debbie Dujanovic and Dave Noriega

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