# House GOP Unveils Debt Limit Bill, Proposes $1.5 Trillion Debt Ceiling Increase

- Link: https://weltzin.me/house-gop-unveils-debt-limit-bill-proposes-1-5-trillion-debt-ceiling-increase/
- Published: 2023-04-20T09:52:37-06:00
- Author: JT

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> House Speaker Kevin McCarthy (R-Calif.) on April 19 unveiled legislation to increase
> the nation’s debt ceiling by $1.5 trillion or until March 31, 2024, whichever 
> comes first. At the same time, the measure would return discretionary spending
> to 2022 levels, limit spending growth to 1 percent per year, take back unspent
> COVID-19 relief funds, repeal […]

Source: _[House GOP Unveils Debt Limit Bill, Proposes $1.5 Trillion Debt Ceiling Increase](https://truthpress.com/news/house-gop-unveils-debt-limit-bill-proposes-1-5-trillion-debt-ceiling-increase/)_