Tri-State politicans confident debt ceiling bill will be passed

The bill outlines how the U.S. would suspend the debt limit until 2025, which is just after the 2024 presidential election. It also caps government spending in 2024 and 2025, cuts $20 billion in new money to the IRS for the next two years, rescinds $30 billion in unspent Covid-19 money and increases work and age requirements for food assistance programs for low-income Americans.