WASHINGTON — Home Republicans on Wednesday unveiled a invoice that might minimize billions in federal spending and roll again a few of President Biden’s coverage priorities in alternate for lifting the debt ceiling for one 12 months.

After making an attempt and failing to coalesce lawmakers round a finances blueprint of their very own, Republican leaders have as an alternative framed the laws as a gap provide to Democrats and a technique to get the White Home to come back to the negotiating desk.

Mr. Biden has insisted that…

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