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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…
A top Republican negotiating with the White House on a debt-ceiling deal said Saturday that “a narrow set” of sticking points have prevented the sides from reaching an agreement, and it’s unclear if those issues will be resolved quickly or require talks to continue through the holiday weekend. Heading into the Speaker’s office in the…
The negotiations between President Biden and Speaker Kevin McCarthy (R-Calif.) on raising the debt limit has put the Senate in the backseat, fueling anxiety among the upper chamber’s conservatives that the deal will be a major disappointment. Sen. Mike Lee (R-Utah) is threatening to use every procedural tool available to slow down the legislation,…
Top Democrats and Republicans sent strong signals Friday night that they’re nearing an elusive agreement on a debt-ceiling increase to prevent an economy-rattling government default. While negotiators said it was too soon to announce a deal, both sides voiced confidence that they were within striking distance of a compromise to lift the government’s borrowing cap…
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Is it really a surprise to anyone that the same people who are trying to censor LGBT and Black history through the banning of books are the same ones PROMOTING white supremacy and Nazism? Because there seems to be a theme going here! As Perezcious readers will recall, Amanda Gorman‘s acclaimed poem The Hill We…
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…
House Minority Leader Hakeem Jeffries (D-N.Y.) warned Thursday that members of his Democratic Caucus will not automatically back a debt ceiling deal cut between President Biden and Speaker Kevin McCarthy (R-Calif.). Asked if GOP leaders have miscalculated in assuming that House Democrats will help Republicans pass a Biden-backed bill through the lower chamber, Jeffries didn’t…
Florida Gov. Ron DeSantis (R) finally launched his campaign for the presidency on Wednesday. His declaration, keenly anticipated for months, turned into a debacle — at least regarding its most highly-publicized element, a Twitter Spaces event with Elon Musk. The glitch-ridden Twitter event must have left DeSantis furious and his key aides embarrassed. The misfire…