MAGA GOP ECONOMY

The Republicans have yet to release a budget but their debt limit plan proposes $4.5 trillion in cuts, including student loan forgiveness.
The worst US House Speaker in history happens to be GOP leader Kevin McCarthy. His "Limit, Save, Grow Act" would return discretionary spending to Fiscal Year 2022 levels, limit the growth of spending to 1 percent a year, and limit other government spending. These cuts would be tied to a $1.5 trillion increase of the debt ceiling.