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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…
California Democrats are gathering this weekend for their state convention amid divisions within the party concerning the future of Sen. Dianne Feinstein’s seat. Party officials, delegates, and other attendees are expected to project a show of unity as Golden State Democrats gear up for a fierce battle to win back the House and keep the…
If the White House and House Republicans fail to raise the debt ceiling and the U.S. defaults on its national debt for the first time ever, the economic consequences for Americans will be wide-ranging and long-lasting. Social Security checks could be held up, government salaries and contracts could be frozen, Medicare reimbursements to doctors and…
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,…