As the U.S. nears a mid-2027 debt-limit deadline with debt approaching $40 trillion, two Republican bills would bar Congress from raising the ceiling without matching any increased spending with spending cuts elsewhere. The Dollar-for-Dollar Deficit Reduction Act, introduced separately by U.S. Senate Republican Whip John Barrasso of Wyoming and Rep. Greg Steube, R-Fla., would require any increase or suspension of the debt limit to be matched by equal or greater spending cuts over the current year and the following 10 years.  [...]