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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 DeSantis…
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…
Rep. Marjorie Taylor Greene (R-Ga.) placed a winning $100,000 bid Tuesday for a lip balm stick used by Speaker Kevin McCarthy (R-Calif.), who also promised a visit with the winner’s donors and supporters. The auction was held at a GOP conference meeting at the Capitol Hill Club on Tuesday morning, which is not located on…
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 It…
House Minority Leader Hakeem Jeffries (D-N.Y.) said Monday that he’s open to the idea of freezing spending at current levels in order to secure a debt ceiling deal — an idea supported by President Biden but is sure to infuriate liberals in Jeffries’ own Democratic Caucus. “As part of the effort to find common ground we’re…
Speaker Kevin McCarthy (R-Calif.) emerged Monday evening from a roughly hour-long meeting with President Biden on the debt ceiling saying the latest conversation was “productive,” but that the two sides still don’t have an agreement on how to avoid default just days until the deadline. “I felt we had a productive discussion. We don’t have…
Speaker Kevin McCarthy (R-Calif.), who was narrowly elected Speaker in January after 15 ballots, is coming under heavy pressure from conservatives not to agree to any debt ceiling deal that falls well short of the House-passed legislation that cut $4.8 trillion from the deficit. So far, President Biden’s proposal to cap discretionary spending has fallen…
Treasury Department Secretary Janet Yellen warned lawmakers Monday that the nation will run out of funds to pay its debts by “early June, and potentially as early as June 1.” In a letter to Speaker Kevin McCarthy (R-Calif.) sent a little more than an hour before his scheduled White House meeting with President Biden to…
Congress and the White House have just 10 days to reach a deal to raise the debt ceiling before the Treasury Department estimates the nation risks default. But major sticking points have emerged in the past week. Friday’s negotiations snagged on disagreements over spending but resumed over the weekend as pressure mounts on both sides…
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 President…