Four states where parties look to bounce back better in 2024
That’s a far cry from President Donald Trump’s narrow 1-point loss to Joe Biden, 50 percent to 49 percent.
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Meet the House members who voted against the debt limit deal
A bipartisan bill to suspend the debt limit through Jan. 1, 2025, and cut spending by at least $1.5 trillion passed the House with a coalition of Republican and Democratic votes built from the center out
Hawks worry about defense caps in debt limit deal
In fiscal 2025, defense spending would be capped at $895 billion, just a 1 percent increase from the previous year.
Debt bill dissatisfaction threatens deeper GOP rift
Still, a sizable chunk of the conference is planning to oppose the bill because they don’t think it cuts spending enough — especially in exchange for suspending the debt limit until Jan. 1, 2025, an estimated
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.
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.
Debt limit deal appears close as negotiators keep working
While the deadline shift from June 1 to June 5 doesn’t change negotiators’ urgency, it could help them get a bill through both chambers of Congress before the "x date."
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 talks back on, this time with change of venue
Their bill, which passed the House last month, would then cap spending growth at 1 percent for several following years.
Debt talks: Why Republicans shouldn’t allow tax increases on the table
But the share of the tax cuts for the top 1 percent was not as much as the share they pay in taxes — and some of the super wealthy experienced tax increases." But some critics never give up.
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.
Wide gulf between debt limit negotiators as time grows short
The precarious nature of negotiations has lawmakers on both sides of the aisle worried about their ability to lift the debt limit before June 1, when the Treasury Department expects it may run out of cash
McCarthy says debt limit deal with Biden possible
Yellen says agency officials have determined that they can’t guarantee all federal payments can be made on time beyond June 1 without a debt limit increase or suspension.
McCarthy: No deal yet, but debt limit meeting ‘productive’
He also said they still want to limit out-year growth to 1 percent annually, as they did with a decade of spending caps in the House-passed bill.
Biden, McCarthy will attempt to salvage debt limit deal
Yellen warned again Sunday that federal borrowing authority could run dry as early as June 1, leaving the government unable to pay all its bills.
‘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.