Home World News Latin America Proposed US Debt Ceiling Deal to Include Spending Caps, Changes to Welfare...

Proposed US Debt Ceiling Deal to Include Spending Caps, Changes to Welfare Requirements

Proposed US Debt Ceiling Deal to Include Spending Caps, Changes to Welfare Requirements

MOSCOW (Sputnik) – The new bipartisan debt ceiling deal reached by US President Joe Biden and House Speaker Kevin McCarthy will put a cap on non-defense discretionary spending, introduce welfare work requirements, and retrieve some of the unused COVID-19 relief funds, according to the text of the proposed legislation.

Sputnik News

South Africa Today – World News – Latin America