Crucial days ahead as debt ceiling deal goes for vote and Biden calls lawmakers for support
- President Biden and House Speaker Kevin McCarthy have negotiated a debt ceiling and budget deal, with the House Rules Committee set to consider the package on Tuesday and a vote expected on Wednesday.
- The package includes spending reductions for the next two years and a suspension of the debt limit into January 2025, but faces objections from both progressive Democrats and conservative Republicans on policy issues such as work requirements for older Americans in the food aid program.
- Wall Street's reaction to the deal, and the response of the Senate as lawmakers try to pass amendments before the Monday deadline to prevent a U.S. Default, remain uncertain.
152 Articles
152 Articles
Crucial days ahead as debt ceiling deal goes for vote and Biden calls lawmakers for support
WASHINGTON (AP) — President Joe Biden says he “feels good” about the debt ceiling and budget deal negotiated with House Speaker Kevin McCarthy as the White House and congressional leaders work to ensure its passage this week in time to lift the nation’s borrowing limit and prevent a disastrous U.S. default. Biden spent part of the Memorial Day holiday working the phones, calling lawmakers in both parties, as the president does his part to delive…
Crucial days ahead as debt ceiling deal goes for vote and Biden calls lawmakers for support
WASHINGTON (AP) — President Joe Biden says he “feels good” about the debt ceiling and budget deal negotiated with House Speaker Kevin McCarthy as the White House and congressional leaders work to ensure its passage this week in time to lift the nation’s borrowing limit and prevent a disastrous U.S. default. Biden spent part of the Memorial Day holiday working the phones, calling lawmakers in both parties, as the president does his part to delive…
Crucial days ahead as debt ceiling deal goes for vote and Biden calls lawmakers for support
WASHINGTON (AP) — President Joe Biden says he "feels good" about the debt ceiling and budget deal negotiated with House Speaker Kevin McCarthy as the White House and congressional leaders work to ensure its passage this week in time to…
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