Limit, Save, Grow Turns Into Limited Savings and Growth
President Joe Biden shakes hands with House Speaker Kevin McCarthy (R-Calif.) before his State of the Union address in February at the U.S. Capitol in Washington on Feb. 7, 2023. Jacquelyn Martin/Pool/Getty Images
President Joe Biden and House Speaker Kevin McCarthy (R-Calif.) announced a debt limit deal Saturday, with a vote expected Wednesday in the House of Representatives.
Richard Stern
Author
Richard A. Stern is the acting director of Grover M. Hermann Center for the Federal Budget at The Heritage Foundation.