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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 Wall…
Speaker Kevin McCarthy (R-Calif.) on Monday signaled there had been little progress in debt ceiling negotiations over the weekend, accusing Democrats and the White House of wanting a default more than they want a deal with Republicans. “I still think we’re far apart. It doesn’t seem to me yet they want a deal, it just…
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 Another…
Sen. Joe Manchin (D-W.Va.) is becoming a bigger problem for President Biden and Democrats in the Senate as he faces an uphill reelection battle in West Virginia, a state where former President Trump won one of his biggest victories in 2020. Manchin has criticized Biden and Democrats publicly, opposed various nominees and, this week, said…
Senate Democrats are urging President Biden to use the 14th Amendment to raise the debt ceiling, arguing it is in his constitutional authority to take the unilateral step to prevent a GOP-driven default. They say Biden should not agree to GOP demands for major concessions on spending cuts to raise the debt ceiling, and that…
The debt ceiling fight gripping Washington this month bears echoes of a similar clash in 2011, when a Democratic president squared off against a Republican House in a fight that dragged on for months, pushed the country to the brink of default and led to the first credit downgrade in U.S. history. Except this time…
Democrats are sounding increasingly fed up with free trade agreements and some of the basic tenets of globalization that have defined the last several decades of U.S. trade policy, echoing some of the “America First” sentiments that put former President Trump at odds with the economic orthodoxies of his own party and a longstanding policy…
Education Secretary Miguel Cardona confirmed this week that the Department of Education is preparing to restart student loan payments later this year. “The emergency period is over, and we’re preparing our borrowers to restart,” Cardona said at a Senate Appropriations hearing on Thursday, as the national COVID-19 public health emergency was set to expire at…
Homebuyers and renters alike could feel relief later this year as home prices stabilize, mortgage rates decline and rent price growth continues to slow. Economists expect the Federal Reserve to pause rate hikes for a time while it observes incoming economic data, some stemming from the banking crisis that led to tightened lending. This could…
Florida Gov. Ron DeSantis (R) said the GOP needs to reject a “culture of losing” that has taken hold in the party in recent years to win the elections in 2024. DeSantis said during an appearance on Saturday at the annual Feenstra Family Picnic, an annual fundraiser hosted by Rep. Randy Feenstra (R-Iowa), that Republicans…