LogFAQs > #973761080

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TopicPolitics Containment Topic 404: Fox Tuckers Out, CNN Sours On Lemon
Thorn
05/27/23 10:02:58 PM
#316:


Tentative agreement in principle reached on debt ceiling between McCarthy and the White House.

https://twitter.com/JakeSherman/status/1662615601200734209
https://www.nytimes.com/2023/05/27/us/politics/debt-limit-deal.html

Details are sparse right now (McCarthy says we'll get the text tomorrow), but NYT reporting that part of the deal includes:

2 year raise of the debt limit (so past the 2024 election)
New work requirements on TANF and food stamps
  • Specifically it seems it limits the time people under 54 with no children can benefit
  • Also expands the program for vets and homeless
IRS funding to crack down on tax cheats reduced from $80bn to $70bn
Speeds up environmental reviews of certain energy projects

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