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Editor’s note: The Hill’s Morning Report is our daily newsletter that dives deep into Washington’s agenda. To subscribe, click here or fill out the box below. Close Thank you for signing up! Subscribe to more newsletters here The latest in politics and policy. Direct to your inbox. Sign up for the Morning Report newsletter President…
President Biden and the top four congressional leaders, including Speaker Kevin McCarthy (R-Calif.), came away from their Tuesday meeting with no path forward to avoid the nation defaulting on its debts. The president’s meeting with McCarthy, House Minority Leader Hakeem Jeffries (D-N.Y.), Senate Majority Leader Chuck Schumer (D-N.Y.) and Senate Minority Leader Mitch McConnell (R-Ky.)…
Speaker Kevin McCarthy (R-Calif.) on Tuesday shot down the idea of moving a short-term debt ceiling hike to prevent a government default. Just hours before McCarthy is scheduled to meet with President Biden on the issue, the Speaker said the sides should come together to negotiate a compromise — combining a debt ceiling increase with sharp…
Senate Minority Leader Mitch McConnell (R-Ky.) has signed onto a letter stating he and more than 40 members of the Senate GOP conference will not back “any bill that raises the debt ceiling without substantive spending and budget reforms,” according to sources. The letter is addressed to Senate Majority Leader Chuck Schumer (D-N.Y.) and would…
Editor’s note: The Hill’s Morning Report is our daily newsletter that dives deep into Washington’s agenda. To subscribe, click here or fill out the box below. Close Thank you for signing up! Subscribe to more newsletters here The latest in politics and policy. Direct to your inbox. Sign up for the Morning Report newsletter The…
Speaker Kevin McCarthy (R-Calif.) has accepted President Biden’s invitation to meet next week about the debt limit, a source familiar confirmed to The Hill on Tuesday, marking the first time since February that the two leaders will discuss the matter at length. The meeting is scheduled to take place on May 9. Biden also invited…
Editor’s note: The Hill’s Morning Report is our daily newsletter that dives deep into Washington’s agenda. To subscribe, click here or fill out the box below. Close Thank you for signing up! Subscribe to more newsletters here The latest in politics and policy. Direct to your inbox. Sign up for the Morning Report newsletter Kevin…
House Republicans on Wednesday passed a bill to raise the borrowing limit and implement sweeping spending cuts, marking a victory for Speaker Kevin McCarthy (R-Calif.) after days of grueling negotiations that put the deep divisions within the GOP conference on full display. The bill — dubbed the Limit, Save, Grow Act — cleared the chamber…
A coalition of more than 60 progressive grassroots groups claiming to represent more than 100,000 Californians sent a letter to Sen. Dianne Feinstein (D-Calif.) asking her to resign. The coalition, which includes progressive groups from around the state, argue Feinstein’s extended absence from the state has held up President Biden’s agenda in the Senate. “Complications…
House Republicans could be setting up another fight over the debt limit — this time, just months before the 2024 presidential election. A sweeping, 320-page bill they unveiled this week would raise the debt ceiling, which caps how much money the Treasury can borrow to pay the country’s bills, through the end of next March…