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Yellen says US is projected to hit debt ceiling on Jan. 19 Treasury Secretary Janet Yellen said the U.S. is projected to reach its roughly $31.4 trillion borrowing limit in less than a week. Yellen shared the estimate in a letter to Speaker Kevin McCarthy (R-Calif.) on Friday. She also warned the department would soon have…
“Letters to the Editor — Jan. 11, 2023” The Issue: Republicans’ decision to allow Rep. Kevin McCarthy to become House speaker after 15 votes. What a disgusting display of disunity some in the Republican Party showed the nation and the world (“ ‘Argggh!’ of the deal for Kevin,” Jan. 8). When the new House convened the…
“McCarthy confirms he will boot Schiff, Swalwell and Omar from House panels” House Speaker Kevin McCarthy confirmed late Monday that he will make good on his pre-midterm pledge to remove three high-profile Democrats — Reps. Adam Schiff, Eric Swalwell and Ilhan Omar — from their House committees. McCarthy (R-Calif.) told the Associated Press that he…
Democrats planning to sit on all GOP select committees House Democrats will participate in all of the various special committee investigations being teed up by GOP leaders, the Democrats’ caucus chairman vowed on Tuesday. “It is our intent to seat members on … every select committee, every subcommittee that the leadership on the majority side…
“Biden document discovery is proof Dems ‘overplayed their hand’ on Trump” House Speaker Kevin McCarthy said Democrats “overplayed their hand” in how they criticized former President Donald Trump for keeping classified documents at his Mar-a-Lago Florida resort in light of a report that sensitive records were found at a DC institute where President Biden once had…
McCarthy’s concessions spur fears of potential default, government shutdown The concessions Speaker Kevin McCarthy (R-Calif.) agreed to in a bid to appease conservative rebels sets up showdowns this year with Senate Democrats and President Biden on the debt limit and the annual spending bills — heightening the danger of a national default or a government…
House GOP passes repeal of IRS funding boost as its first bill in the majority House Republicans fulfilled a key campaign promise on Monday, passing legislation to rescind the bulk of an IRS funding boost signed into law last year, marking the first bill passed by the GOP-controlled House this Congress. The bill, which is…
“The GOP has no mandate for ham-handed cuts to defense or Ukraine aid” Yes, there’s fat in the Pentagon budget, and plenty of reason to worry about corruption taking a cut of US aid to Ukraine. But ham-handed House Republican efforts to simply slash away would only add to America’s problems without fixing a thing….
GOP’s ‘weaponization’ panel would have power to review those probing Trump The GOP is preparing to hammer agencies reviewing the conduct of former President Trump with a new select subcommittee poised to focus on the “weaponization” of the federal government. The panel is being drawn up to take aim at ongoing investigations at the Department of…
These Republicans were selected to chair House committees after Speaker battle delay After a historic and prolonged battle over the Speakership, House Republicans on Monday moved to wrap up some unfinished organizing business that was put on hold due to opposition to Speaker Kevin McCarthy (R-Calif.) — including picking who will lead key panels. The…