Asian Spectator

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COVID-19 clawbacks, spending caps and a cut – what House Republicans got in return for pushing the US to the brink of default

  • Written by Raymond Scheppach, Professor of Public Policy, University of Virginia
COVID-19 clawbacks, spending caps and a cut – what House Republicans got in return for pushing the US to the brink of defaultHouse Speaker Kevin McCarthy has billed the deal as a victory for his party. AP Photo/J. Scott Applewhite

House Republicans pushed the U.S. to the edge of a fiscal crisis because they wanted deep cuts in government spending.

So, based on the tentative deal announced on May 27, 2023, how did they do?

In broad strokes, the deal would suspend the debt...

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