Biden draws first red line in debt ceiling negotiations with one law as untouchable
The President Joe Biden has drawn a line that he won't cross during the debt ceiling talks. He is telling […]
Tag: Federal Budget
White House official hints at possible short-term debt deal to avert default
Shalanda Young, Director of the Office of Management and Budget (OMB), told reporters on Thursday that a short extension of […]
House Dems maneuver to force debt ceiling vote as default looms
House Democrats are quietly working on a plan to force an emergency vote to raise the debt ceiling to avoid […]
Attention turns to the Senate after House GOP passes debt limit bill
The Senate will be the focus of attention this week, as the standoff continues over raising the debt limit. Pressure […]
Kevin McCarthy revels in proving his doubters wrong
Speaker Kevin McCarthy, R-Calif., is used to proving critics and doubters incorrect.McCarthy, who has a four-seat House Republican majority, has […]
House Passes Debt Ceiling Increase After Republicans Keep Key Inflation Reduction Act Provision
The House of Representatives approved legislation on Wednesday to raise the debt limit until the end of 2024, or by […]
White House Says Biden to Veto Debt Ceiling Bill
The White House remained firm on Tuesday in its demand for a debt ceiling increase that is not compromised, and […]
Kevin McCarthy Unveils Plan To ‘Responsibly’ Raise Debt Limit
House Republicans have released their long-awaited plan to avoid a debt crisis and end the standoff with White House.The 320-page […]
‘The President Continues To Hide’: Kevin McCarthy Addresses Wall Street On Pending National Debt Default
House Speaker Kevin McCarthy, R-CA, announced on Monday that Congress would vote soon to raise the debt limit for an […]
Biden, McCarthy standoff over budget intensifies as deadline looms
Tensions flared this week between Kevin McCarthy, House Speaker, and the White House. Both refused to relent amid a deadlock […]
