Negotiations on the debt ceiling continue between Speaker McCarthy and President Biden. UPDATE: 5/26, 2023, 5:30 PM EST In a letter to Congress, Treasury Secretary Janet Yellen narrowed…
Read MoreSpeaker McCarthy
Debt Ceiling Talks Reach Impasse
House negotiators report no progress as they leave a meeting with White House team. Speaker of the House Kevin McCarthy of California and his hand-picked debt ceiling negotiator, …
Read More
Government Budget Negotiations Continue
President names advisors to his negotiating team. Before President Joe Biden headed to Japan and the G7 Summit, he added two advisers to his administration’s budget negotiation team.…
Read More
President Biden Moving Slightly on Debt Ceiling
Top federal leaders move to avoid a financial default. Following an event in New York City, President Joe Biden stated he is willing to negotiate spending cuts with…
Read More
House Speaker Holds Event Honoring Israel’s 75th Anniversary
He replaced Representative Tlaib’s planned “Nakba” event at the Capitol. House Speaker Kevin McCarthy scheduled a congressional event at the Capitol Visitor Center to discuss the 75th anniversary…
Read More
President Biden Calls for May 9 Budget Meeting
He says a draft budget is needed before June 1. President Joe Biden called on the four party leaders of Congress to attend a federal budget meeting at…
Read More
Speaker McCarthy Visits Israel
He honors that nation on its 75th anniversary. House Speaker Kevin McCarthy is in Israel commemorating that nation’s 75th anniversary. Speaker McCarthy also met with Prime Minister Benjamin…
Read More
House Passes Debt Ceiling Bill
President is unwilling to negotiate. The House of Representatives passed a bill on Wednesday that would increase the government’s legal debt ceiling in exchange for steep spending restrictions.…
Read More
House Speaker Unveils Debt Limit Proposal
Debt ceiling would go up, and discretionary spending would come down. House Speaker Kevin McCarthy of California revealed a plan to increase the debt limit and cut government…
Read MoreSpeaker McCarthy Addresses New York Stock Exchange
He discussed the debt ceiling and spending cuts. Speaker of the House of Representatives Kevin McCarthy outlined his plan to cut federal spending and arrange for an increase…
Read More