The White House and Congress have about two weeks to raise or extend the debt ceiling before the U.S. risks its first-ever default.
President Joe Biden is hosting congressional leaders at the White House for a second meeting on the debt ceiling.
U.S. President Joe Biden delivers remarks on the federal government's debt limit during a visit to SUNY Westchester Community College Valhalla in Valhalla, New York, May 10, 2023.hosts congressional leaders at the White House for a highly anticipated meeting on the debt limit Tuesday, stricter work requirements for social safety net programs are emerging as a potential area of compromise.
His return will set up a critical stretch in the efforts to avoid a first-ever default on U.S. debt and prevent major economic damage. But the issue is also a red line for some progressive Democrats, a fact that could scramble the vote math of any debt limit deal that could pass the House.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Judge orders Biden administration to explain parole releases after Washington Times reportA federal judge in Florida ordered the Biden administration on Monday to explain its release of illegal immigrants on “parole” at the southern border, citing a Washington Times report saying some 2,500 paroles were issued even after the court issued a temporary restraining order.
Les mer »
Biden optimistic about a debt limit deal, but McCarthy says White House isn't being seriousPresident Joe Biden sounds optimistic about the odds of reaching a deal with Republicans to raise or suspend the debt limit.
Les mer »
White House releases show Biden personal finances little changedPresident Biden earned between $2,500 and $5,000 in book royalties in 2022, down sharply from $30,000 a year earlier. He also earned less than $3,000 in “speaking and writing engagements,” from close to $30,000 last year, the disclosures show.
Les mer »
McCarthy calls for White House to be ‘willing partners’ ahead of debt limit meeting with BidenHouse Speaker Kevin McCarthy said he is not confident the White House is serious about reaching a spending deal that can unlock a hike to the debt limit, ahead of a Tuesday meeting with President Biden regarding the nation’s borrowing cap.
Les mer »
White House says Biden could curtail upcoming trip due to debt-ceiling standoffWhite House spokesman John Kirby on Tuesday said President Joe Biden might not make planned stops in Australia and Papua New Guinea that were expected to...
Les mer »
Biden reevaluating trip abroad, adding urgency to debt ceiling meeting at White HousePresident Joe Biden and top congressional leaders have opened their second meeting on talks over raising the debt limit. The White House says it is reevaluating parts of Biden’s overseas trip that is scheduled to begin later this week. Biden is meeting with House Speaker Kevin McCarthy, Senate Majority Leader Chuck Schumer, House Minority Leader Hakeem Jeffries and Senate Minority Leader Mitch McConnell. Unlike last week’s meeting, Vice President Kamala Harris is participating in Tuesday’s session. “We’re just getting started,” Biden said in brief remarks to reporters ahead of the meeting, being held in the Oval Office.
Les mer »