Steube bill ties debt limit hikes to spending cuts
By The BriefBrief
Rep. Greg Steube proposes the Dollar-for-Dollar Deficit Reduction Act requiring equal spending cuts if the debt limit changes.
WHO:U.S. Rep. Greg Steube (R-Fla.); Sen. John Barrasso (R-Wyo.)
WHAT:Introduced the Dollar-for-Dollar Deficit Reduction Act requiring equal or greater federal spending cuts for any debt limit increase or suspension.
WHEN:Aug 11, 2026 at 5:40 PM ET
WHERE:Florida
WHY:Steube introduced the bill to require deficit reduction through spending cuts whenever Congress increases or suspends the national debt limit.
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