Senate GOP budget resolution sets stage for raising debt limit by as much as $5 trillion

Senate Republicans are setting the stage for a sweeping budget plan that could raise the national debt ceiling by up to $5 trillion. Released Wednesday, the resolution outlines a fast-track process to extend Trump-era tax cuts and slash federal spending—all without Democratic support. But the real work is just beginning: dozens of committees now face a tight May 9 deadline to draft their pieces of the puzzle, and even a few defections in Congress could stall the entire plan. The stakes—and the numbers—are enormous.

Jennifer Shutt with North Dakota Monitor has the full story.

North Dakota Monitor

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Jennifer Shutt, North Dakota Monitor

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