GOP downplays importance of budget with debt ceiling looming

House Republicans are deemphasizing the importance of a GOP budget in the context of debt-ceiling talks, signaling their blueprint might not even be finalized until after the conference figures out its moves on raising the federal government’s borrowing limit. It’s a significant shift for the GOP that comes after hard-line lawmakers during the 15-ballot Speaker’s election demanded a budget showing sharp spending reductions for the upcoming 2024 fiscal year that would balance the budget in 10 years. Read more