WASHINGTON — Passing a "strong" debt limit bill should be House Republicans’ top legislative priority in April, Republican Study Committee Chairman Kevin Hern, R-Okla., wrote to colleagues on Wednesday.
Hern sent a letter to the RSC's 176 members arguing “the time for action is now” amid the ongoing stalemate between Speaker Kevin McCarthy, R-Calif., and President Joe Biden as the Treasury Department approaches a $31.4 trillion statutory borrowing cap.
The debt limit's "x date," when Treasury can no longer make all required payments on time, is expected as early as June.
