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H.R. 1 is a reconciliation bill that reduces taxes, adjusts spending for various federal programs, and increases the statutory debt limit by $5 trillion.
reported by one outlet so far · Reported fact · first recorded Aug 8, 6:30 AM
How each outlet reported it
Congressional Research ServiceOfficial record · Aug 8, 6:15 AM
H.R. 1 is a reconciliation bill that reduces taxes, reduces or increases spending for various federal programs, and increases the statutory debt limit by $5 trillion.
Details: reconciliation bill; $5 trillion debt limit increase