House Republicans are rallying around their proposal to raise the nation’s borrowing limit and slash federal spending after leadership made a flurry of last-minute changes designed to win over key GOP holdouts – a major reversal after leadership insisted they would not alter the bill text.
Following a closed-door conference meeting on Wednesday morning, where Speaker Kevin McCarthy walked members through some of the 11th-hour changes, a number of conservatives and members representing ethanol-producing states who had initially signaled opposition began to fall in line.
GOP leaders are now expressing confidence they’re on track to pass the bill later Wednesday, even as a small handful of members are still threatening to vote against it. McCarthy can only afford to lose four votes.
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