US EditionSpeaker Johnson: ‘Intention’ is to increase debt limit in massive Trump agenda bill
- Speaker of the House Mike Johnson stated that the Republican Party has no plans to cut Social Security funding, despite the Social Security Administration facing a funding crisis.
- Johnson emphasized that without significant changes, beneficiaries may face a 20 percent cut in benefits by 2035 due to more retirees and fewer younger workers.
- Johnson announced that Congress plans to increase the debt limit to avoid a loan default, which is crucial for economic stability.
- Johnson's mission includes reducing government size and spending while raising the debt limit to maintain fiscal responsibility.
36 Articles
36 Articles
US Rep. Ralph Norman says he supports Speaker Mike Johnson days after nearly sinking re-election bid
Hardline conservatives will soon have a hand in negotiating a looming budget and tax bill that Republicans aim to pass through budget reconciliation, which prevents a Senate filibuster.
Republicans will increase debt limit in reconciliation bill to avoid Democrats
Speaker Mike Johnson, R-La., said Congress will increase the debt limit in a budget reconciliation bill House Republicans hope to pass next month. The clock is ticking. If Congress doesn't increase the debt limit, the nation will default on its bills, causing widespread economic consequences. The debt limit is the maximum amount of money the federal government is authorized to borrow to pay its bills. The nation hit the ceiling on Jan. 1. Howeve…
Trump to meet with congressional Republicans as lawmakers joust over his agenda
By David Morgan WASHINGTON (Reuters) – President-elect Donald Trump and Republican colleagues in Congress will begin trying on Wednesday to chart a path to enacting more tax cuts, border controls and fossil fuel production through a divided U.S. Congress. With only narrow majorities in the Senate and House of Representatives, Republicans have yet to agree on whether to pursue one bill containing his priorities or two and hold divergent views…
Johnson says no cuts to Social Security and Medicare to fund Trump’s agenda
House Speaker Mike Johnson said Tuesday that cuts to Social Security and Medicare won’t be part of the legislative package being worked out to fund President-elect Donald Trump’s agenda. “No, the president has made clear that Social Security and Medicare have to be preserved,” Johnson replied when asked if he was open to cutting the programs as part of the spending plans being worked out between House and Senate Republican leaders. “We have to l…
MyCentralOregon.com
Johnson says no cuts to Social Security and Medicare to fund Trump's agenda
Tasos Katopodis/Getty Images (WASHINGTON) — House Speaker Mike Johnson said Tuesday that cuts to Social Security and Medicare won’t be part of the legislative package being worked out to fund President-elect Donald Trump’s agenda. “No, the president has made clear that Social Security and Medicare have to be preserved,” Johnson replied when asked if he was open to cutting the programs as part of the spending plans being worked out between House …
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