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Congress Discovers Budgeting Is Just 'Not Spending More Than You Have' — At $40 Trillion

Aug 17, 2026
Summary
Who
House Republicans
What
introduced two bills requiring dollar-for-dollar spending cuts to accompany any debt-ceiling increase as U.S. debt nears $40 trillion ahead of a mid-2027 deadline
When
August 17, 2026
Where
Washington, D.C.

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