Darren Krett
Thursday 25 May 2023
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White House and Republican debt limit proposals differ now by less than USD 70bln on discretionary spending, according to Reuters sources; contours of US debt limit deal take shape and focused primarily on top-line number Negotiators likely to agree on slimmed-down agreement with just a few key numbers. Sources add, what is likely to emerge will not be a hundreds-page long bill, something that could take lawmakers days to write, read and vote on, but a slimmed-down agreement with a few key numbers. Expectations is negotiators will hammer out top line numbers for discretionary spending, including a number for military spending, but leave lawmakers to dial down finer details.
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