U.S. House Republicans chart new strategy to pressure Biden, Democrats

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U.S. House Republicans chart new strategy to pressure Biden, Democrats
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U.S. House Republicans will try to agree on a plan to lift the federal $31.4 trillion debt ceiling and cut government spending when Congress returns this week, after being stymied for months by Democratic President Joe Biden's demands they do so without conditions.

House of Representatives Speaker Kevin McCarthy in a Monday speech at the New York Stock Exchange will lay out the conditions Republicans want Democrats to agree to in exchange for movement on the debt ceiling.

The White House, which is leading the Democrats' approach to the debt ceiling, has dismissed the Republican proposals as unrealistic. "At this point, I think there's no choice for Republicans and the speaker but to bring forward some type of proposal," Representative Tom Emmer, the No. 3 House Republican, told Reuters.

"Getting us all on the same page is a challenge. But it's not impossible and I'm optimistic that we'll get there. This is an issue we've been talking about for some time," said Republican Representative Ben Cline.

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