Kevin McCarthy
House Minority Leader Kevin McCarthy (R-CA) receives applause from fellow Representatives at the start of the 118th Congress on January 3, 2023.
  • Republicans are finally reportedly ready to share their debt ceiling demands as a package.
  • Those demands will reportedly include banning student loan forgiveness, among other big cuts.
  • Their package would only raise the debt ceiling for a year, setting up another fight in the middle of the next election.

After months of back and forth as the country slowly teeters toward a potentially catastrophic debt ceiling crisis, Republicans are reportedly finally ready to start making a deal.