Business groups weigh in on debt limit impasse ahead of meeting
Yellen that the debt ceiling must be raised or suspended as early as June 1 to avoid missed payments that could spark economic calamity. In recent days, influential groups like the U.S.
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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.
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
Senate, for now, defers to Biden and McCarthy on debt talks
Yellen said Monday that the government may be unable to pay its bills on time as soon as June 1 — several senators said that leaves enough time to find agreement and brushed off any need for a short-term
Heard On The Hill · 118th Congress
Capitol Lens | Twelve years ago
On May 1, 2011, President Barack Obama informed the nation that al-Qaida leader Osama bin Laden had been killed.
Yellen to lawmakers: Debt limit must be raised by June
Yellen said in a letter to congressional leaders Monday, noting that action may even be needed before June 1.
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
Common ground on the debt limit? Here’s what to look for
Caps for the remainder of the decade would allow for 1 percent annual growth. Democrats may not agree with 1 percent but maybe they’d compromise around 2 percent, Rep. Don Bacon suggested.
2024 presidential outlook: Meet the new race, same as the old race
Biden won each of them by 1 percentage point or less in 2020, and either party’s nominee will likely need to win three of the four states in 2024 in order to win nationwide.
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
Scope of COVID-19 funding cuts emerges as debt limit flashpoint
Perez is a freshman who flipped a GOP-held seat last November, winning the heavily contested race by less than 1 percentage point in a district former President Donald Trump carried by about 4 points two
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.
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
McCarthy blasts Biden, Democrats over debt limit
wish the current, extreme Joe Biden would listen to the former Joe Biden too." ’Stop the partisan ways’ McCarthy said he’s not heard from the White House on the debt limit since he and Biden met on Feb. 1.
Congress will miss its budget deadline. That’s not unusual.
Noting that the average time needed beyond the April 15 deadline to adopt a budget was 36 days, the panel also opted for a modest two-week postponement of the deadline, to May 1.
GOP debt limit plans begin to take shape in House
lift the debt limit through May 2024 and set a cap on discretionary spending for at least fiscal 2024 and potentially limit appropriations growth over the next decade to somewhere in the ballpark of 1
Biden in Belfast to commemorate Good Friday Agreement
"Today, 1 in 10 Americans claim Irish ancestry, and Irish Americans are proudly represented in every facet of American life," Kirby said.
Republicans question EPA ‘good neighbor’ rule
The EPA estimates that there will be a 1 percent increase in retail electricity prices on average across the contiguous U.S., coal-fired electricity generation will decline by an estimated 4 percent while