.SpeakerMcCarthy said that CBO Director pswagel will brief members of the lower chamber on its budget outlook next Wednesday ahead of POTUS unveiling his proposed budget on March 9.
The briefing comes as McCarthy and Biden negotiate a debt ceiling deal, with conservatives pushing for spending cuts to be included in any agreement.“We're going to have a meeting next week and bring the CBO, and not to be partisan because they're not, and give all of Congress the exact same numbers,” McCarthy told reporters on Wednesday. “We'll do that on the 8th, before the president releases his budget, so every member of Congress will be able to know exactly where we are.
Conservatives have repeatedly stated that they do not support raising the debt ceiling without a deal to rein in spending, though pledges not to touch Medicare and Social Security, combined with defense hawks' resistance to Pentagon cuts, narrow the areas in which Washington can pare back spending.
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