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The Senate on Thursday night capped four months of contentious debate and voted to send a compromise bill to President Biden’s desk that extends the government’s borrowing authority until January of 2025 and staves off a potential default next week. A large bipartisan majority of the Senate voted 63-36 to approve the bill, which passed…
Senate Majority Leader Chuck Schumer (D-N.Y.) announced a deal on the Senate floor Thursday evening to vote on amendments to legislation to raise the debt limit until the start of 2025, and get it passed before markets open Friday morning. Schumer announced the Senate would vote on 11 amendments to the bill — 10…
President Biden was uninjured after falling on stage congratulating the last of the Air Force Academy graduates at a commencement ceremony Thursday. Biden, who delivered the commencement address and stayed on stage for a couple of hours as diplomas were awarded, could be seen in a video stumbling and falling. He was helped up by…
House Republicans on Wednesday passed the rule governing debate on bipartisan legislation to lift the debt ceiling, a procedural hurdle that paves the way for final passage of the bill later in the day — but it took an emergency assist from Democrats. Lawmakers approved the rule in a 241-187 vote just days before June…
The hot-button issue of student loans has found its way into the high-stakes debt ceiling deal, with Republicans claiming a victory that the end of the pandemic-era payment pause is locked in and the White House arguing that no concessions were made. The debt deal outlines that the pause ends 60 days after June 30,…
Speaker Kevin McCarthy (R-Calif.) on Tuesday warned he would move contempt charges against FBI Director Christopher Wray if he does not produce a subpoenaed document by that day’s deadline. House Oversight Chairman James Comer (R-Ky.) issued a subpoena earlier this month to compel Wray to produce any FD-1023 forms — records of interactions with confidential…
Colleges are attempting to find ways to save their diversity, equity and inclusion (DEI) initiatives as Republican-led states advance efforts to shut down the programs. Multiple red states have introduced or passed legislation targeting certain aspects of DEI in universities, from mandatory diversity statements to entire offices, causing confusion and fear for faculty and staff. …
Neither the right flank of the Republican party nor some Democrats are happy with the deal that President Biden and Speaker Kevin McCarthy (R-Calif.) struck to raise the nation’s debt limit alongside some policy reforms and spending clawbacks. In one of the most colorful criticisms of the agreement, Rep. Chip Roy (R-Texas) characterized it as…
Negotiators for President Biden and Speaker Kevin McCarthy (R-Calif.) struck an agreement late Saturday on government spending that will raise the debt ceiling and avert a looming default. The deal, which must still make its way through the House and Senate in the coming days, came together after days of intense negotiations to resolve disagreements…
President Biden on Saturday hailed the tentative budget agreement struck between the White House and Speaker Kevin McCarthy’s (R-Calif.) team to avert a default and raise the debt ceiling. “The agreement represents a compromise, which means not everyone gets what they want,” Biden said in a statement. “That’s the responsibility of governing.” The president said…