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.

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