Johnson backs away from go-it-alone debt ceiling plan

Speaker Mike Johnson on Tuesday backed away from a plan to address the approaching federal debt cliff in a party-line reconciliation package, acknowledging several major challenges that may force Republicans to deal with the borrowing limit in bipartisan talks with Democrats. READ MORE: https://www.politico.com/news/2025/01/14/mike-johnson-debt-limit-ceiling-reconciliation-00198156