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House Speaker Kevin McCarthy (R-Calif.) said Saturday that Congress will meet the deadline to raise the debt ceiling, acknowledging that no deal has been made but vowing an agreement will be reached in time to prevent a government default. Treasury Secretary Janet Yellen raised the stakes in the marathon negotiations on Friday, when she provided…
If the White House and House Republicans fail to raise the debt ceiling and the U.S. defaults on its national debt for the first time ever, the economic consequences for Americans will be wide-ranging and long-lasting. Social Security checks could be held up, government salaries and contracts could be frozen, Medicare reimbursements to doctors and…
Top Democrats and Republicans sent strong signals Friday night that they’re nearing an elusive agreement on a debt-ceiling increase to prevent an economy-rattling government default. While negotiators said it was too soon to announce a deal, both sides voiced confidence that they were within striking distance of a compromise to lift the government’s borrowing cap…
Arizona Gov. Katie Hobbs (D) said her predecessor, Republican Doug Ducey, misappropriated $50 million that the federal government provided to the state through the American Rescue Plan. Hobbs said in a release Friday that Ducey made the grant to the state treasurer in the final hours of his administration to fund all-day kindergarten for student…
A top GOP lawmaker negotiating an elusive debt ceiling deal was adamant Friday that Republicans will not drop their demand for tougher work requirements as part of a final agreement — a major sticking point at the 11th hour of the talks. “Hell no, hell no!,” Rep. Garret Graves (R-La.) told reporters outside the Capitol. …
Former Rep. Liz Cheney (R-Wyo.) on Thursday appeared to criticize Florida Gov. Ron DeSantis (R) for saying he’ll consider pardoning Jan. 6 defendants if elected president, arguing that anyone with such plans “is not qualified” for the White House. “Any candidate who says they will pardon Jan. 6 defendants is not qualified to be President,”…
House lawmakers are leaving Washington for the long holiday weekend Thursday afternoon — just one week before the Treasury Department says the U.S. is at risk of a debt default — without a deal to raise the debt ceiling. Negotiators say they’re getting closer to striking a deal to avert a default next week, but an…
Florida Gov. Ron DeSantis (R) said Thursday that if elected president, he will consider pardoning all the Jan. 6 defendants — including former President Trump — on his first day in office. “On day one, I will have folks that will get together and look at all these cases, who people are victims of weaponization…
MEXICO CITY — Mexican President Andrés Manuel López Obrador on Thursday called on Hispanic people in Florida to vote against Gov. Ron DeSantis (R), who launched his 2024 White House bid the day before, because of his immigration policies. “Hopefully Hispanics in Florida will wake up and not give him one single vote, to not…
There’s a huge target on the back of Florida Gov. Ron DeSantis (R) as he enters the 2024 Republican presidential primary, even though he’s trailing the GOP-favored front-runner. While former President Trump is maintaining a commanding, at times double-digit lead in national polls of GOP primary voters, DeSantis has drawn intense criticism from Trump and…