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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…
Neither the right flank of the Republican party nor some Democrats are happy with the deal that President Biden and Speaker Kevin McCarthy (R-Calif.) struck to raise the nation’s debt limit alongside some policy reforms and spending clawbacks. In one of the most colorful criticisms of the agreement, Rep. Chip Roy (R-Texas) characterized it as…
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…
Speaker Kevin McCarthy said on Sunday that the student loan payment pause is “gone” in the debt ceiling deal announced by the California Republican and President Biden late Saturday night. “The pause is gone within 60 days of this being signed. So that is another victory because that brings in $5 billion each month to…
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…
Pennsylvania and national Republicans are breathing easy after state Sen. Doug Mastriano (R) surprised many by announcing that he will forego a run for Sen. Bob Casey’s (D-Pa.) seat and support whomever the eventual nominee is. Mastriano made the announcement after days of speculation that he would jump into the primary race and make life…
Florida Gov. Ron DeSantis has picked up support for his presidential campaign from what might at first appear an unlikely place: people who had worked for former President Trump’s campaign or administration or supported him. Multiple former Trump supporters are backing DeSantis’s challenge to Trump for the 2024 GOP presidential nomination. Here are the most notable former…
Negotiators for President Biden and Speaker Kevin McCarthy (R-Calif.) struck an agreement late Saturday on government spending that will raise the debt ceiling and avert a looming default. The deal, which must still make its way through the House and Senate in the coming days, came together after days of intense negotiations to resolve disagreements…
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…