WASHINGTON (AP) — With just two days to spare, President Joe Biden signed legislation on Saturday that lifts the nation’s debt ceiling, averting an unprecedented… ( Read More )
Debt ceiling agreement gets thumbs up from business groups, U.S. Chamber of Commerce
The reviews are starting to come in as details emerge about the debt ceiling agreement reached by President Joe Biden and House Speaker Kevin McCarthy.… ( Read More )
Debt ceiling: Speaker Kevin McCarthy says ‘no progress’ ahead of talks Tuesday with President Biden
House Speaker Kevin McCarthy said Monday there’s been “no progress” on debt ceiling talks ahead of a meeting with President Joe Biden and other congressional… ( Read More )
Kevin McCarthy unveils bill to hike debt ceiling by $1.5 trillion, slash $4.5 trillion from spending
House Speaker Kevin McCarthy unveiled the House GOP’s 320-page proposal on Wednesday to raise the federal debt ceiling by $1.5 trillion in exchange for slashing… ( Read More )
White House launches full court press against House Freedom Caucus’ debt ceiling demands
The White House stepped up its offensive against the House Freedom Caucus over the weekend after the bloc of conservatives laid out a series of… ( Read More )
Republicans to advance backup plan for Treasury as debt ceiling deadline looms
House Republicans will advance a contingency plan on Thursday for Treasury Secretary Janet Yellen to make the minimum payments on the nation’s debt if Congress… ( Read More )
Joe Biden says he’ll chat with Kevin McCarthy about debt ceiling
President Biden said he plans to meet with House Speaker Kevin McCarthy to discuss raising the debt ceiling despite his firm demands earlier this week… ( Read More )