Debt limit battle set to dominate 2023 fiscal agenda
WASHINGTON — Lifting the statutory debt ceiling is set to dominate this year’s budget agenda. Republicans first need to agree among themselves on what to ask for in exchange.
Any day now, the Treasury Department is expected to announce it is technically running up against its $31.4 trillion borrowing cap — as of Wednesday, it was just $78 billion away — and needs to dip into its tool chest of …