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Rep. Patrick McHenry (R-N.C.), a lead GOP negotiator in the debt-ceiling talks, said Saturday evening that major differences remain as the sides race to shore up a deal to prevent a government default. The impasse reached a point that President Biden and Speaker Kevin McCarthy (R-Calif.) were scheduled to hold a phone call in an…
The Texas House on Saturday voted to impeach embattled state Attorney General Ken Paxton (R). The vote was 121-23, with two present but not voting, and three who were absent from the chamber. He will be suspended from office pending a trial in the Senate. The impeachment represents a sudden reversal for Paxton, who has twice cruised to…
California Democrats are gathering this weekend for their state convention amid divisions within the party concerning the future of Sen. Dianne Feinstein’s seat. Party officials, delegates, and other attendees are expected to project a show of unity as Golden State Democrats gear up for a fierce battle to win back the House and keep the…
The Texas House is set to vote Saturday on articles of impeachment against state Attorney General Ken Paxton (R) on 20 charges of misconduct in office. The vote comes after months of an investigation from the House’s Republican-led General Investigating Committee into the allegations against Paxton, who has been under criminal indictment since shortly after…
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…
The negotiations between President Biden and Speaker Kevin McCarthy (R-Calif.) on raising the debt limit has put the Senate in the backseat, fueling anxiety among the upper chamber’s conservatives that the deal will be a major disappointment. Sen. Mike Lee (R-Utah) is threatening to use every procedural tool available to slow down the legislation,…
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…
Treasury Secretary Janet Yellen on Friday notified lawmakers the nation will run out of money to pay its bills by June 5 if they do not raise the debt ceiling. “Based on the most recent available data, we now estimate that Treasury will have insufficient resources to satisfy the government’s obligations if Congress has not…
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. …