The House Freedom Caucus demanded drastic federal budget cuts, work requirements for Medicaid and an end to 'federal regulations' on domestic energy production
initiated a series of established steps, known as "extraordinary measures." The moves allowed the government to continue borrowing money to meet its obligations.
"Since 1789, the United States has always paid its bills on time. It must continue to do so," Yellen told the House Ways and Means Committee at a hearing Friday morning. President Joe Biden has so far refused to negotiate with Republicans on the debt ceiling. But he has left open the possibility of winning support in the House for a debt ceiling hike through negotiations on next year's federal budget.on Thursday. The 182-page document is widely viewed as the White House's opening salvo in the debate with House Republicans.
But Republicans' unanimous opposition to Biden's budget is a long way from unison on a budget of their own.
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