Speaker Mike Johnson (R-La.) said congressional Republicans plan to increase the nation’s borrowing limit as a part of a massive party-line bill they are crafting that will encapsulate President-elect Trump’s legislative agenda.



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The Hill

Washington

District of Columbia

United States

Speaker Johnson: ‘Intention’ is to increase debt limit in massive Trump agenda bill

House Speaker Mike Johnson wants to include one of President-elect Donald Trump's top priorities inside a colossal border and tax bill, a debt limit hike that will be hard to draw Republican support.

Ad Fontes Media

All Sides

Media Bias/Fact Check

Washington Times

The Washington Times LLC

Speaker Johnson wants debt limit hike in budget package, doesn't want help from Democrats

Speaker Mike Johnson (R-La.) said that congressional Republicans plan to increase the nation’s borrowing limit as a part of a massive party-line bill that they are crafting that will encapsulate President-elect Trump’s legislative agenda. The plan would address Trump’s concern about Democrats using the debt limit as a leverage point during his administration, as Republicans […]

Nexstar Media Group

Without any changes to the program, the fund is set to run out of money for full payments by as early as 2035.

Newsweek

IBT Media

Mike Johnson gives update on plans for Social Security

As House Republicans grapple with intraparty disagreements over what to include in President-elect Donald Trump’s reconciliation bill, some GOP lawmakers are making specific tax provision demands they say will be necessary for their support.  A slew of House Republicans are set to meet with the president at Mar-a-Lago over the weekend, including GOP members of the SALT Caucus, a bipartisan group dedicated to restoring the state and local tax ded…

Washington Examiner

Philip Anschutz

SALT emerges as redline for blue state Republicans - Washington Examiner

(Bloomberg) — A cohort of about 20 Republican House members from New York, New Jersey and California was invited to meet with President-elect Donald Trump at his Mar-a-Lago estate Saturday ahead of a looming fight over an extension of his 2017 tax cuts.

Financial Post

Leon Cooperman

Allianz

Canada

Trump Calls SALT-Focused Republicans to Florida Before Tax Fight

House Speaker Mike Johnson (R-La.) said on Jan. 7 that congressional Republicans plan to raise the nation’s borrowing limit through a party-line reconciliation bill designed to encompass President-elect Donald Trump’s policy priorities.
Johnson described the debt cap increase as a necessary, pro-forma measure to avoid brinkmanship with Democrats that could destabilize bond markets and weaken the dollar while reaffirming the Republican commitment…

The Epoch Times

Epoch Media Group

New York

House Speaker Details GOP Plan to Raise Debt Ceiling in Reconciliation Bill

House Speaker Mike Johnson (R-LA) would not state definitively that Republicans would not cut Social Security and Medicare as he said the "intention" was to keep the programs intact.During a Tuesday press conference, CNN correspondent Manu Raju asked Johnson about Republican plans for entitlement programs."Look, the president has made very clear, Social Security and Medicare have to be preserved," Johnson replied. "And we are not, no one is comi…

Raw Story

John K. Byrne

Michael Rogers (publisher)

'But...': Mike Johnson leaves wiggle room as he says 'intention' is not to cut Medicare

A cohort of about 20 Republican House members from New York, New Jersey and California was invited to meet with President-elect Donald Trump at his Mar-a-Lago estate Saturday ahead of a looming fight over an extension of his 2017 tax cuts.

Bloomberg

Michael Bloomberg

The Vanguard Group

Howard Buffett

BlackRock

Expect the Social Security System (SSS) to be more active in finding investment opportunities in the local capital markets. That is according to SSS president and CEO Robert Joseph de Claro, who expects the state-run pension fund for private sector workers to make a killing with its investments this year. And there’s enough reason to […]...Keep on reading: BIZ BUZZ: SSS bullish on PH capital markets

Inquirer

Inquirer Group of Companies

Manila

Metro Manila

Philippines

BIZ BUZZ: SSS bullish on PH capital markets

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.

The Post and Courier

Evening Post Industries

Charleston

Charleston County

South Carolina

US Rep. Ralph Norman says he supports Speaker Mike Johnson days after nearly sinking re-election bid

Speaker Johnson: ‘Intention’ is to increase debt limit in massive Trump agenda bill

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