New GOP Congress Faces Deadlines

This is a news story, published by MSN, that relates primarily to Kevin McCarthy news.

Kevin McCarthy news

For more Kevin McCarthy news, you can click here:

more Kevin McCarthy news

News about Us congress

For more Us congress news, you can click here:

more Us congress news

MSN news

For more news from MSN, you can click here:

more news from MSN

About the Otherweb

Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best politics news, business news, entertainment news, and much more. If you like this article about Us congress, you might also like this article about

biggest deadlines Congress

. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest bipartisan debt news, debt limit news, news about Us congress, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!

Debt Ceiling

Washington Examiner

•

Four big deadlines in 2025 that will put Congress and Trump on a collision course

Summary

Nutrition label

73% Informative

The nation’s debt ceiling will be reinstated on Jan. 2 after the threshold was raised by then-House Speaker Kevin McCarthy (R-CA) and President Joe Biden in the summer of 2023 .

Congress will have an April 30 deadline to pass a Fiscal Year 2025 budget to avoid mandatory sequestration cuts of 1% to defense and nondefense funding levels as part of a 2023 debt-limit agreement.

The boosted subsidies for monthly health premiums were put in place by Democrats under President Joe Biden’s American Rescue Plan .

The pandemic-era enhanced financial help lifted the household income cap to qualify for subsidies above the 400% federal poverty line threshold.

With a 10-year price tag of $335 billion , Republicans will put them on the chopping block.

VR Score

Informative language

Neutral language

Article tone

formal

Language

English

Language complexity

Offensive language