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From the opinion pages of the Wall Street Journal, this is Potomac Watch.

House Republicans propose a bill to raise the federal debt ceiling by about $1.5 trillion

and return for a slower federal spending, reform of green energy subsidies, and work rules

for food stamps and Medicaid benefits if you are able-bodied.

President Biden responds by saying he still won't negotiate and calls the House ideas

WACO.

Can Republicans pass their bill in the House?

And if they do, will the President have to negotiate with the WACO's?

How come I'm Paul Gigo with the Wall Street Journal opinion pages?

And I'm here with a couple of my colleagues, Kate Bacheldur, Odell, and Kim Strassel.

Kevin McCarthy, the speaker, rolled out his bill this week, and they hope to have a vote

on it as early as next week in the House.

Let's listen to his challenge to President Biden.

President Biden has a choice.

Come to the table and stop playing partisan political games, or cover his ears, refuse

to negotiate, and risk bumbling his way into the first default in our nation's history.

Kim, you've looked at some of the details here.

Kind of tell us about the highlights of what's in the bill.

...