Indiana Senator Mike Braun joined other Republicans Wednesday in a press conference discussing the debt ceiling. With him were Senators Ted Cruz, Ron Johnson, Mike Lee, Rand Paul, and Rick Scott. They talked about how the new Republican majority in the House of Representatives will try to rein in the spending that is driving inflation in the country. The U.S. reached its maximum debt limit of just over $31 trillion on January 19. The Treasury Department says the deadline to keep the country running will arrive on June 5th. The question raised by both Republicans and Democrats is whether House Leader Kevin McCarthy can raise enough votes for any negotiation on the debt limit. On Tuesday, Braun spoke about how President Biden’s current budget plan doesn’t include hidden costs such as interest rates.
