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House Freedom Caucus Calls for Government Spending Cuts Amid Rising National Debt

As the Republican majority shrinks, the caucus warns against exceeding the $1.59 trillion spending cap set by the Fiscal Responsibility Act, risking a partial government shutdown.

  • The House Freedom Caucus is calling for government spending cuts as the national debt nears $34 trillion, labeling the nation's current situation as a 'fiscal calamity'.
  • Republicans' majority in Congress has shrunk due to several resignations, putting the House Freedom Caucus in a powerful negotiating position.
  • The Freedom Caucus is warning against exceeding the $1.59 trillion statutory cap set by the Fiscal Responsibility Act, accusing Democrats of trying to blow past this agreed upon spending level.
  • Rep. Bob Good of Virginia has been tapped to serve as the next chair of the House Freedom Caucus, a role he will assume in January.
  • Current government funding levels expire under two separate deadlines – January 17 for some agencies and February 2 for others, risking a partial government shutdown if a deal is not struck.
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