Possible to Get Deal by June 1: Rep. French Hill on Debt Limit
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Business, Social Studies
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University
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Hard
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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the main objectives of House Republicans in the negotiations?
Increase domestic spending
Cap the growth of domestic spending and return to pre-pandemic priorities
Focus on international trade agreements
Expand healthcare funding
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the significance of the June 1st date mentioned in the negotiations?
It is the deadline for tax submissions
It is the earliest possible date the government may not fulfill its obligations
It marks the end of the fiscal year
It is the date for the next presidential election
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who is responsible for setting the June 1st deadline?
The Speaker of the House
Treasury Secretary Janet Yellen
The President
The Senate Majority Leader
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is necessary for a bipartisan agreement on the debt ceiling?
Approval from the Supreme Court
Agreement from Joe Biden, Kevin McCarthy, Mitch McConnell, and Chuck Schumer
Endorsement by international financial institutions
Support from all state governors
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What fiscal policy is proposed by House Republicans for future spending?
A 5% increase in domestic spending annually
A 1% growth cap in domestic spending for the next 10 years
A freeze on all government spending
An increase in military spending only
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the proposed baseline for spending according to the House Republicans?
FY2025 spending levels
FY2022 spending levels
FY2019 spending levels
FY2020 spending levels
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What challenge is associated with returning to FY2022 spending levels?
It requires cuts in defense, Social Security, and Medicare
It necessitates a new budget framework
It involves increasing taxes
It demands international approval
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