Senate Majority Chief Charles Schumer, D-N.Y., conducts a information convention after the senate luncheons within the U.S. Capitol on Tuesday, Might 2, 2023. Tom Williams | Cq-roll Name, Inc. | Getty Pictures WASHINGTON — The Senate handed a Home-approved invoice late Thursday to boost the debt ceiling and cap authorities spending for 2 years, sending … Read more
WASHINGTON — A invoice to lift the debt ceiling and minimize authorities spending handed a key procedural hurdle within the Home on Wednesday, clearing its path to a ultimate vote on the ground later within the night. The decision to start formal debate on the Fiscal Duty Act handed by a vote of 241-187, with … Read more
US Home Speaker Kevin McCarthy, a Republican from California, speaks to members of the media on the US Capitol in Washington, DC, on Monday, Might 22, 2023. Ting Shen | Bloomberg | Getty Pictures WASHINGTON — The compromise invoice to boost the debt ceiling that Home Republicans launched on Sunday faces its first main take … Read more
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
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
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
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
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
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