Limit, Save, Grow Turns Into Limited Savings and Growth
31st May 2023
President Joe Biden and Speaker Kevin McCarthy, R-Calif., announced a debt limit deal Saturday, with a vote expected Wednesday in the House of Representatives.
Heritage Foundation experts scrutinized the text of the 99-page bill, including provisions related to spending, pro-growth policies, student loan cancellation, and work requirements for welfare. The following is their latest analysis of the Fiscal Responsibility Act.