Treasury takes extraordinary measures to avoid debt ceiling as . . .

Republicans Split On Debt Limit Policies, Manchin Pushes TRUST Act

By Michelle M. Stein / January 19, 2023 at 7:25 PM
As the Treasury Department warned that the country hit the debt ceiling on Thursday (Jan. 19) and the department is taking extraordinary measures, Republicans appear split on whether -- and how -- to tie Medicare and Medicaid spending reductions to discussions on next steps on the debt ceiling while Sen. Joe Manchin (D-WV) is pushing for a bipartisan series of trust fund commissions to help tackle the country’s fiscal situation. However, one lobbyist said it’s not clear bipartisan trust fund...


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