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Rep. Matt Gaetz (R-Fla.) said on Tuesday that passing a debt deal without a Republican majority in the House would trigger an “immediate” motion to oust Speaker Kevin McCarthy (R-Calif.). “If a majority of Republicans are against a piece of legislation and you use Democrats to pass it, that would immediately be a black letter…
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Congressional GOP leaders are pressing ahead with plans for a House vote Wednesday on the debt ceiling deal, in the face of opposition from conservatives who say the deal does not cut spending enough to justify extending the government’s borrowing limit. A key early test will come Tuesday afternoon, when the House Rules Committee is…
After President Biden and Speaker Kevin McCarthy (R-Calif.) signed off on a final budget agreement and a raise of the debt ceiling, the two sides moved onto a difficult task: selling the legislation to their respective parties to get it passed through Congress. Conservative Republicans and progressive Democrats have been quick to voice concerns with certain aspects…
Speaker Kevin McCarthy (R-Calif.) released text of the bill to raise the debt limit on Sunday evening as Democratic and Republican leaders work to corral support ahead of this week’s vote. The bill — which spans 99 pages — raises the debt limit for two years, strengthens work requirements on federal public assistance programs and rescinds…
President Biden and Speaker Kevin McCarthy (R-Calif.) reached an agreement in principle to raise the debt limit Saturday night, capping off days of high-stakes negotiations between emissaries for the White House and GOP conference. The deal raises the debt limit for two years, beefs up work requirements on federal public assistance programs and claws back…
Conservative House Republicans are already voicing criticism about the agreement in principle to cap spending and raise the debt ceiling announced late Saturday as the White House and GOP leadership work to avoid a default on the nation’s debt. Rep. Dan Bishop (R) tweeted a vomiting emoji to express his thoughts on the proposed…
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…
Top leaders in both parties reached a long-sought deal on Saturday to avoid an unprecedented government default, announcing an agreement on a plan to lift the debt ceiling for two years and apply new caps on federal spending over the same duration. To get there, negotiators had to iron out their differences on a small…
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…