Biden, GOP attain tentative deal to keep away from default

WASHINGTON — Home Republicans reached a tentative cope with the White Home on Saturday night time to lift the nation’s borrowing restrict and keep away from a catastrophic default on U.S. sovereign debt. “We have now come to an settlement in precept,” Home Speaker Kevin McCarthy mentioned Saturday within the Capitol. “We nonetheless have loads … Read more

New X date is June 5, Treasury says

WASHINGTON — Treasury Secretary Janet Yellen mentioned Friday that the US will possible have sufficient reserves to push off a possible debt default till June 5. “We now estimate that Treasury may have inadequate sources to fulfill the federal government’s obligations if Congress has not raised or suspended the debt restrict by June 5,” Yellen … Read more

Debt ceiling negotiations intensify between Biden, Republicans

Rep. Garret Graves, R-La., left, and Rep. Patrick McHenry, R-N.C., converse to reporters about debt ceiling negotiations as they go away the Home Republicans’ caucus assembly on the Capitol Hill Membership in Washington, Might 23, 2023. Invoice Clark | Cq-roll Name, Inc. | Getty Photos WASHINGTON — Pressing talks to boost the U.S. debt ceiling … Read more

Debt ceiling negotiations updates between Joe Biden, Kevin McCarthy

WASHINGTON — Home Speaker Kevin McCarthy mentioned negotiations with the White Home over elevating the U.S. debt restrict Wednesday have been nonetheless hung up over a disagreement on future spending, indicating that the 2 sides have been far aside with solely eight days earlier than the federal government might face an unprecedented default. A tangible … Read more

Joe Biden, Kevin McCarthy meet

Speaker of the Home Kevin McCarthy, R-Calif., addresses the media after a gathering with with President Joe Biden on the debt ceiling on the White Home on Tuesday, Might 16, 2023. Tom Williams | CQ-Roll Name, Inc. | Getty Pictures WASHINGTON — Home Speaker Kevin McCarthy mentioned Monday that “selections need to be made” at … Read more

Talks resume between White Home, GOP

WASHINGTON — Excessive-stakes talks over elevating the debit restrict resumed within the Capitol on Friday night, hours after they had been paused at noon when Republican negotiators walked out of the room and blamed the White Home for holding up discussions. “We’ll be again within the room tonight,” mentioned Home Speaker Kevin McCarthy on Fox … Read more

U.S. can keep away from default in July if it will get money in June: CBO

Folks stroll and journey bicycles previous the US Capitol in Washington, DC, on Could 11, 2023. Jim Watson | AFP | Getty Photos WASHINGTON — The Congressional Funds Workplace on Friday mentioned tax revenues and emergency measures after June 15 “will most likely enable the federal government to proceed financing operations by way of at … Read more

Paki Finau, 4-star OL publicizes dedication to Washington soccer

Washington was one of many greatest surprises in faculty soccer final season. After going 4-8 beneath earlier head coach Jimmy Lake, the Huskies went 11-2 of their first yr beneath Kalen DeBoer. Their rise ought to proceed into 2023, as most of Washington’s key gamers determined to not declare for the NFL draft, holding collectively … Read more