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Speaker Kevin McCarthy (R-Calif.) on Monday took his case for spending cuts to Wall Street, going after President Biden and detailing the House Republican Conference’s plan to move forward with its own measure “in the coming weeks” to stave off a national default. “In the coming weeks, the House will vote on a bill to…
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 Three…
The banking system is showing signs of stabilizing after the collapses of Silicon Valley Bank (SVB) and Signature Bank, but the looming battle to stave off a national default could complicate that rebound. Congress has anywhere between June and the start of fall to raise the debt limit, which caps how much money the Treasury…
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 Trump…
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 House…
House Republicans are deemphasizing the importance of a GOP budget in the context of debt-ceiling talks, signaling their blueprint might not even be finalized until after the conference figures out its moves on raising the federal government’s borrowing limit. It’s a significant shift for the GOP that comes after hard-line lawmakers during the 15-ballot Speaker’s…
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 Senators…
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 Congressional…
White House brands Freedom Caucus deficit plan as ‘tax breaks for the super wealthy’ The White House branded the House Freedom Caucus’ deficit plan as “tax breaks for the super wealthy and wasteful spending for special interests,” as the two sides continued to trade jabs amid an escalating debt ceiling battle. “MAGA House Republicans are…
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. The U.S. could default on its debt between July and September, the nonpartisan Congressional Budget Office warned on Wednesday, adding new specificity to a partisan impasse that could harm the economy even before…