WH Issues Statement On GOP Debt Bill, House Vote As Soon As 16:30ET Today

The White House has issued a statement on House Speaker Kevin McCarthy's (R-CA) revised debt ceiling bill ahead of an expected House vote later today.

• The precise schedule remains unconfirmed but Capitol Hill reporters suggest that the House Rules Committee will vote on the final text of the bill at 13:30 ET 18:30 BST.
• Andrew Solender at Axios: "House moving forward w/ vote on the GOP's debt ceiling bill – the Limit, Save, Grow Act – today. Democratic Whip Katherine Clark's office, referring to it as the "Default on America Act," says the final vote could be as early as [16:30 ET 21:20 BST]."
• The White House statement hits familiar notes, highlighting "extreme MAGA elements" within the GOP exerting influence over Speaker McCarthy to enact "draconian cuts."
• The White House claims that House Republican intend to restore "Trump tax cuts for the wealthiest and corporations at a cost of over $3 trillion."
• White House: "Budgets are a statement of values — and House Republicans have made clear who they are fighting for."