Bipartisan debt limit package unveiled as clock ticks toward ‘x date’
That’s just $1 billion lower than the comparable figure this current fiscal year, officials said.
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Bipartisan deal reached to raise debt limit, cap appropriations
As described by sources familiar with the accord, the nation’s borrowing cap would be suspended until Jan. 1, 2025, avoiding another market-rattling fight during an election year.
Parties moving closer on debt ceiling deal as talks drag on
But spending would grow just 1 percent the following year, in line with the GOP bill. Talks remained fluid as negotiators worked into the night Thursday.
No longer a ‘broken record,’ White House throws a few elbows with debt messaging
That changed this week as the country careened toward a federal debt default that could occur, shy of a deal, on or around June 1. Without naming Rep.
Leadership dynamics explain why there’s still no debt limit deal
Treasury Secretary Janet Yellen has warned if lawmakers don’t act before June 1 her department may run out of cash and accounting maneuvers needed to pay all government debt obligations.
Campaigns · 118th Congress
At the Races: Survey says what?
Democrats may have cheered Wednesday when Monmouth University released a poll with the headline “Clean debt deal preferred by 2-to-1.”
Debt limit vibe back on the upswing after White House meeting
Yellen has been clear that she can’t guarantee the government won’t breach the $31.4 trillion debt limit much past June 1, which has lit a fire under negotiators to get a deal before next week.
‘Pause’ lifted, debt limit talks back on
House Republicans have pushed for a decade of caps on discretionary spending, which would revert to fiscal 2022 levels next year and then allow for 1 percent annual growth.
Campaigns · 118th Congress
At the Races: Bandwidth on the run
House Majority Forward, a Democratic nonprofit allied with the House leadership, launched digital ads in several districts as part of a previously announced $1 million campaign.
Contours of debt limit deal start to take shape
Yellen said could hit as early as June 1, negotiators are attempting to reach a framework for a deal by Sunday, when President Joe Biden returns from a trip to the G-7 summit in Japan.
Party leaders optimistic as debt limit negotiators get to work
Lawmakers are signaling they could adjust those plans to ensure they pass a bill reflecting a potential deal before June 1, when Treasury Secretary Janet L.
Earmarks increase in popularity, slightly, among GOP senators
However, the odds of disappointment are much greater for senators: appropriations leaders in both chambers have agreed to cap total earmarked dollars at 1 percent of overall discretionary spending.
White House meeting delayed amid staff talks on budget, debt
"If these were staff meetings happening on Feb. 1, I’d call them productive," he said.
Does Colin Allred stand a chance against Ted Cruz in Texas?
When O’Rourke ran for governor in 2022 against incumbent Republican Greg Abbott, O’Rourke lost by 11 percentage points and almost 1 million votes.
Debt limit veterans look for hopeful signs in Tuesday’s meeting
The "x date" could be as soon as June 1, according to Treasury Secretary Janet L.
Campaigns · 118th Congress
At the Races: Democrats’ Senate forecast brightens?
With Democrats needing a net gain of five seats to take back the House, the poll found a 1-point GOP edge in the generic House ballot with DeSantis at the top of the ticket, with a Republican candidate
What McCarthy, GOP should fear about the never-ending abortion controversies
On a 1-10 scale, 43 percent said the issue was a 10 (the highest rating) and another 18 percent said it was an eight or nine.
Energy tax credits a big test for GOP vote counters on debt bill
Illinois was No. 1 in soybeans and No. 2 in corn.
Republicans urge tweaks to House debt limit bill ahead of vote
the measure’s fiscal restraints would reset discretionary spending for the upcoming budget year to levels appropriated for fiscal 2022, and then impose caps for an additional nine years allowing for 1
Debt limit bill in hand, McCarthy eyes vote next week
The measure would also cap spending for the remainder of the decade, allowing for 1 percent annual growth; appropriations wouldn’t return to the $1.6 trillion fiscal 2023 enacted level for a decade under