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Categories Economy

Biden, McCarthy reach debt ceiling deal to avoid default: Here’s what’s in it

Author May 29, 2023

President Joe Biden and House Speaker Kevin McCarthy have reached a much-awaited budget detail, averting a potentially catastrophic U.S. default just days

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Categories Economy

Lawmakers react to debt ceiling deal reached between House GOP and Biden

Author May 29, 2023

Washington leaders responded on Sunday to the bipartisan Fiscal Responsibility Act, a deal reached between House Speaker Kevin McCarthy, R-Calif., and President

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Categories Economy

House Republican dismisses ‘colorful conservatives’ upset over debt ceiling deal: ‘Going to pass’

Author May 29, 2023

Rep. Dusty Johnson, R-S.D., said Sunday that a debt ceiling agreement is 'going to pass,' and that only a small portion of

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Categories Economy

Biden says budget deal reached, takes ‘catastrophic default’ off the table

Author May 29, 2023

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Categories Economy

Ron DeSantis scorches ‘delusional’ Trump over Florida crime claims: ‘He’s been attacking me by moving left’

Author May 29, 2023

Florida Gov. Ron DeSantis said in a recent interview that former President Donald Trump’s allegations about crime purportedly soaring in the Sunshine

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Categories Economy

Schumer praises Biden for making deal with McCarthy, tells Senate to prepare for weekend vote

Author May 29, 2023

Senate Majority Leader Chuck Schumer praised President Joe Biden for coming to a debt ceiling agreement with House Speaker Kevin McCarthy and

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Categories Economy

Chris Sununu says he will decide on 2024 Republican presidential bid ‘in the next week or two’

Author May 29, 2023

New Hampshire Gov. Chris Sununu said Sunday that he believes 'there’s a pathway to win' the GOP presidential nomination and will decide

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Categories Economy

Lindsey Graham warns Kevin McCarthy on debt ceiling deal: ‘Biggest winner of Biden defense budget is China’

Author May 29, 2023

Sen. Lindsey Graham, R-S.C., warned House Speaker Kevin McCarthy, R-Calif., against slashing the defense budget in order to reach a deal on

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Categories Economy

McCarthy takes victory lap on debt limit bill as details remain scarce among House members

Author May 29, 2023

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Categories Economy

Jeffries shuts down McCarthy claim that Dems are ‘upset’ over debt deal: ‘Have not been able to review’

Author May 29, 2023

House Minority Leader Hakeem Jeffries on Sunday denied making the comments about the debt deal that House Speaker Kevin McCarthy recounted earlier

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Categories Economy

Dem rep is ‘anything but a clear yes’ on debt ceiling bill, calls negotiations ‘hostage-taking process’

Author May 29, 2023

Democrat Rep. Jim Himes, D-Conn., admitted Sunday he is 'anything but a clear yes vote' on the debt ceiling deal, calling the

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Categories Economy

Debt ceiling agreement in principle reached between Democrats, Republicans

Author May 28, 2023

An agreement in principle was reached Saturday between House Republican leaders and the White House that would prevent the government from breaching

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Categories Economy

Texas House votes to impeach Republican Attorney General Ken Paxton

Author May 28, 2023

The Texas House of Representatives voted Saturday to impeach Republican Attorney General Ken Paxton over charges of bribery, disregard of official duties

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Categories Economy

DeSantis says he would welcome bill to abolish ‘corrupt’ IRS: ‘We need something totally different’

Author May 28, 2023

Florida Gov. Ron DeSantis said he would be 'welcoming' of a measure from Congress to defund the Internal Revenue Service (IRS) if

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Categories Economy

23 GOP-led states back Florida challenge to Biden policy releasing migrants without court dates

Author May 28, 2023

Nearly two dozen Republican-led states have backed Florida’s legal challenge to a Biden administration policy that allowed for the release of migrants

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