White House defends Biden’s travel to Japan amid debt talks
House Republican Conference Chair Elise Stefanik of New York complained that, "with only 15 days until the June 1 deadline, Joe Biden is jetting off to Asia."
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Recess starting to feel distant as debt limit deadline nears
The federal government is expected to run out of enough funds to pay all its bills on time as soon as June 1. Senate Majority Whip Richard J.
House Republican deficit plan seen as shift in thinking on China
Yellen has said the U.S. could default on its debt as early as June 1 unless lawmakers lift the $31.4 trillion ceiling. Rep.
Debt limit talks pared down to proxies for Biden, McCarthy
Yellen reiterated this week that the government could hit the "x date" when it no longer has enough funds to pay all its bills on time as soon as June 1.
Permitting overhaul: Before or after debt ceiling talks?
When lawmakers will act — as part of the debt ceiling negotiations or through separate talks — is emerging as a big question as the June 1 deadline nears for raising the debt limit.
Parties scramble for deal on debt limit, budget
the pressure on, reiterating in a letter to lawmakers Monday that the government could run out of cash and "extraordinary measures" used to stay under the $31.4 trillion debt ceiling as soon as June 1.
Is former battleground North Carolina becoming a Florida clone?
Cooper, no doubt exhausted by constant sparring with the legislature that has worked to diminish the powers of his office from Day 1, is term-limited.
Biden blasts debt limit plan in New York district the GOP flipped
The NRCC announced a five-figure ad campaign targeting 35 vulnerable Democrats, while House Majority Forward is moving forward with a $1 million digital, research and messaging campaign criticizing Republicans
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.
Democratic appropriator urges end to aid to Northern Triangle countries
Power, perhaps aware that losing Torres’ support could jeopardize prospects for over $1 billion in fiscal 2024 foreign aid funding for Central America requested by the Biden administration, pleaded with
The GOP’s march of folly on the debt ceiling
As the financial abyss draws closer, there will be increasing talk about how the administration could avert the crisis through gimmicks like minting a $1 trillion platinum coin or challenging the constitutionality
New debt limit forecast crashes into Capitol Hill
"After reviewing recent federal tax receipts, our best estimate is that we will be unable to continue to satisfy all of the government’s obligations by early June, and potentially as early as June 1, if
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
Trillion-dollar deficits: Biden’s new normal
However, given the direction of current spending, the CBO baseline projects the annual deficit will be over $1 trillion dollars through 2029, and then it goes over $2 trillion dollars for the years spanning
Energy tax credits a big test for GOP vote counters on debt bill
Illinois was No. 1 in soybeans and No. 2 in corn.
Biden threatens veto on measure to restore solar tariffs
The clock is ticking as Commerce is expected to make a final determination on May 1 on whether the Chinese firms were illegally circumventing U.S. tariffs.
Biden district Republicans hold their fire on debt ceiling bill
"You’re talking about Manchin’s spending proposal, pre-pandemic spending levels, and then capping it at 1 percent over the next 10 years," he said, referring to centrist Sen. Joe Manchin III, D-W.Va.
Lobbying reports show K Street is off to a strong start in 2023
Manufacturers of America, CVS Health, the American Medical Association, the American Hospital Association, CIGNA Group and America’s Health Insurance Plans — spent a combined $37.3 million from Jan. 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
Climate credits, IRS funds snarl GOP debt limit talks
The plan includes capping fiscal 2024 discretionary spending at fiscal 2022 levels and limiting annual growth to 1 percent for the remainder of the decade; canceling President Joe Biden’s student loan