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Sen. Lindsey Graham (R-S.C.) took aim at the defense spending proposed in the debt ceiling deal, saying on Sunday that adopting what he labeled as President Biden’s defense budget would be a “joke.” “I want to raise the debt ceiling, it would be irresponsible not to do it,” Graham told Shannon Bream on “Fox News…
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…
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…
Florida Gov. Ron DeSantis (R) said Friday that if elected president, he would call on Congress to repeal the criminal justice reform bill signed into law by then-President Trump, his latest attack on Trump from the right. DeSantis, appearing on “The Ben Shapiro Show,” criticized the First Step Act, a bipartisan bill passed in 2018…
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…
Arizona Gov. Katie Hobbs (D) said her predecessor, Republican Doug Ducey, misappropriated $50 million that the federal government provided to the state through the American Rescue Plan. Hobbs said in a release Friday that Ducey made the grant to the state treasurer in the final hours of his administration to fund all-day kindergarten for student…
Wagner Group founder Yevgeny Prigozhin once again amplified his public rift with Russian leadership this week, saying the war in Ukraine had backfired and the Kremlin risked facing a revolution. In an interview that lasted more than an hour with a prominent pro-Kremlin blogger, Prigozhin offered an astounding —and perhaps a somewhat honest — assessment of…
House lawmakers are leaving Washington for the long holiday weekend Thursday afternoon — just one week before the Treasury Department says the U.S. is at risk of a debt default — without a deal to raise the debt ceiling. Negotiators say they’re getting closer to striking a deal to avert a default next week, but an…
Florida Gov. Ron DeSantis is running for president. Hours after he filed paperwork declaring his candidacy, DeSantis made his intentions clear by launching an official campaign video on Twitter ahead of a live chat with the social media platform’s owner Elon Musk. The filing — and DeSantis’s video announcement — confirmed months, if not years,…
House Democrats are up in arms that the White House isn’t pushing harder for tax hikes for the wealthy as part of the debt ceiling talks, fuming that the deficit-reduction debate has centered on Republicans’ insistence on sharp spending cuts. While President Biden has repeatedly called for tax hikes on wealthy Americans to accompany the…