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Biden, McCarthy Signal Confidence Debt-Limit Deal Will Pass
Biden, McCarthy Signal Confidence Debt-Limit Deal Will Pass
President Joe Biden and House Speaker Kevin McCarthy voiced confidence that their tentative debt-ceiling deal will pass Congress
2023-05-29 04:23
Traders Ready to Embrace Riskier Assets After Debt-Cap Deal
Traders Ready to Embrace Riskier Assets After Debt-Cap Deal
Global markets are primed for a relief rally after US negotiators agreed to a tentative deal over the
2023-05-29 03:46
Debt-Limit Deal Sets Up Tough Battle for Passage in Congress
Debt-Limit Deal Sets Up Tough Battle for Passage in Congress
Getting a US debt-limit deal is one thing. Overcoming entrenched political divisions and time-consuming procedural hurdles to pass
2023-05-29 03:45
Spain’s Right-Wing Parties Poised to Win Two Key Regional Votes
Spain’s Right-Wing Parties Poised to Win Two Key Regional Votes
Spain’s right-wing parties were poised to win two key regions in municipal elections on Sunday, potentially complicating Socialist
2023-05-29 02:48
Debt Deal Adds Brake on US Economy Already at Risk of Recession
Debt Deal Adds Brake on US Economy Already at Risk of Recession
The cap on government spending in Washington’s deal to raise the federal debt limit adds a fresh headwind
2023-05-29 01:54
Erdogan Seals Election Victory in Turkey to Defy Naysayers
Erdogan Seals Election Victory in Turkey to Defy Naysayers
Turkish President Recep Tayyip Erdogan sealed an election victory that appeared unlikely just weeks ago, raising the prospect
2023-05-29 01:52
Edward James Olmos reveals he had throat cancer
Edward James Olmos reveals he had throat cancer
Edward James Olmos is opening up about a recent health struggle, calling it "an experience that changed" him.
2023-05-29 00:58
Democrats look set to back 11th hour debt ceiling deal – while GOP right-wingers threaten to blow it up
Democrats look set to back 11th hour debt ceiling deal – while GOP right-wingers threaten to blow it up
House Speaker Hakeem Jeffries sounded confident that Congress would vote to avert a default on the US’s obligations on Sunday, hours after news broke that the White House had reached a deal with Republican leadership to raise the debt ceiling. The “agreement in principle” was announced Saturday evening after much of the House of Representatives and Senate had left for the Memorial Day weekend. A handful remained in Washington to continue negotiations ahead of the deadline; the US Treasure Department estimates that the federal government’s ability to pay its debts will be in question come 1 June — this Thursday. Mr Jeffries spoke on CBS’s Face the Nation on Sunday. While he cautioned that he had not seen the actual text of the bill, which is reportedly set to cap funding for the US government (except for the military) through 2024, he offered a simple “yes” when asked directly if he could guarantee that the US would avert default. It’s a statement that will likely mean a sigh of relief for those Americans worried about the effects that a credit downgrade would have on the US economy, though that remains a possibility thanks to the toxic partisanship that brought the US to this point in the first place, but also one that may frustrate progressives and other Democrats who may see the development as Democrats giving in to the GOP’s demands. The deal does stave off further debt ceiling negotiations until 2025, but many on the left simply wish to do away with the limit altogether. And there’s already signs that many on the conservative right do not like the deal, with some even calling any legislation that raises the debt limit a non-starter. Their opposition within the GOP’s slim House majority necessitates votes from Democrats to pass this deal or any other. More follows...
2023-05-28 23:56
Turkey Latest: Early Results Show Erdogan Has Comfortable Lead
Turkey Latest: Early Results Show Erdogan Has Comfortable Lead
Turkey’s Recep Tayyip Erdogan is leading the runoff vote in presidential elections on Sunday, setting the stage for
2023-05-28 23:46
McCarthy Defends Debt Deal as ‘Right Direction’ on Spending Cuts
McCarthy Defends Debt Deal as ‘Right Direction’ on Spending Cuts
House Speaker Kevin McCarthy acknowledged that the debt-ceiling deal negotiated with the White House is likely to face
2023-05-28 22:57
Debt-Ceiling Relief May Be Short as Focus Turns to T-Bill Deluge
Debt-Ceiling Relief May Be Short as Focus Turns to T-Bill Deluge
Bond traders look set to pivot from worrying the US wouldn’t raise its debt limit to fretting about
2023-05-28 22:18
Diverse Republican presidential primary field sees an opening in 2024 with voters of color
Diverse Republican presidential primary field sees an opening in 2024 with voters of color
During Donald Trump's first visit as president to Chicago, a frequent target in his attacks on urban violence, he disparaged the nation's third largest city as a haven for criminals and a national embarrassment. At a recent town hall, Republican presidential contender Vivek Ramaswamy sat alongside ex-convicts on the city's South Side and promised to defend Trump's “America First” agenda. In return, the little-known White House hopeful, a child of Indian immigrants, found a flicker of acceptance in a room full of Black and brown voters. The audience nodded when Ramaswamy said that “anti-Black racism is on the rise,” even if they took issue with his promise to eliminate affirmative action and fight “woke” policies. “America First applies to all Americans — not just the few that Republicans talk to,” he said. Race has emerged as a central issue — and a delicate one — in the 2024 presidential contest as the GOP's primary field so far features four candidates of color, making it among the most racially diverse ever. South Carolina Sen. Tim Scott, the first Black senator in the South since Reconstruction, entered the contest earlier in the month. He joined Nikki Haley, a former South Carolina governor and U.N. ambassador who is of Indian descent, and Larry Elder, an African American raised in Los Angeles' South Central neighborhood who came to national attention as a candidate in the failed effort two years ago to recall California Gov. Gavin Newsom. Miami Mayor Francis Suarez, who is of Cuban descent, says he may enter the race in the coming days. Most of the candidates of color are considered underdogs in a field currently dominated by Trump and Florida Gov. Ron DeSantis. Yet the party’s increasingly diverse leadership, backed by evolving politics on issues such as immigration, suggest the GOP may have a real opportunity in 2024 to further weaken the Democrats’ grip on African Americans and Latinos. Those groups have been among the most loyal segments of the Democratic coalition since Republican leaders fought against the Civil Rights Act of 1964. The Republican presidential contenders of 2024 walk a fine line when addressing race with the GOP’s overwhelmingly white primary electorate. In most cases, the diverse candidates in the Republican field play down the significance of their racial heritage. They all deny the existence of systemic racism in the United States even while discussing their own personal experience with racial discrimination. They oppose policies around policing, voting rights and education that are specifically designed to benefit disadvantaged communities and combat structural racism. The NAACP recently issued a travel advisory for the state of Florida under DeSantis' leadership, warning of open hostility “toward African Americans, people of color and LGBTQ+ individuals.” The notice calls out new policies enacted by the governor that include blocking public schools from teaching students about systemic racism and defunding programs aimed at diversity, equity and inclusion. The Republican presidential candidates of color largely support DeSantis' positions. Marc Morial, president and CEO of the National Urban League, said the GOP’s policies are far more important than the racial and ethnic diversity of their presidential candidates. He noted there also were four Republican candidates of color in 2016, the year Trump won the White House after exploiting tensions over race and immigration. “White nationalists, insurrectionists and white supremacists seem to find comfort in the (Republican) Party,” Morial said. “I think we’re beyond the politics of just the face of a person of color by itself appealing to people of color. What do you stand for?” With few exceptions, the Republican candidates who have entered the presidential primary field have embraced the GOP's “anti-woke” agenda, which is based on the notion that policies designed to address systemic inequities related to race, gender or sexuality are inherently unfair or even dangerous. DeSantis this past week described such policies as “cultural Marxism.” Still, the GOP's diverse field is not ignoring race. Indeed, some candidates are making their race a central theme in their appeal to Republican primary voters even as they deny that people of color face systemic challenges. Scott insisted that America is not a racist country in his recent announcement speech. “We are not defined by the color of our skin. We are defined by the content of our character. And if anyone tells you anything different, they’re lying,” he said. In her announcement video, Haley noted that she was raised in a small town in South Carolina as “the proud daughter of Indian immigrants — not black, not white, I was different.” Like Scott, she has defended the GOP against charges of racism. “Some think our ideas are not just wrong, but racist and evil," Haley said. "Nothing could be further from the truth." Elder is quick to criticize the Democrats’ “woke” agenda, Black Lives Matter and the notion of systemic racism. Critics say such messages are actually designed to win over suburban white voters more than to attract voters of color. But on the South Side of Chicago on a recent Friday afternoon, there were signs that some Black voters were open to the GOP's new messengers, given their frustration with both political parties. One attendee at Ramaswamy's town hall waved a flyer for a “Biden boycott” because the Democratic president has not signaled whether he supports reparations for the descendants of slaves, although Biden did back a congressional effort to study the issue. None of the GOP's presidential candidates supports reparations, either. Others condemned Democrats, in Chicago and in Washington, for working harder to help immigrants who are in the country illegally than struggling African American citizens. Federal officials were preparing to relocate hundreds of migrants from the U.S.-Mexico border to the South Side, even as many local residents struggled with violence and difficult economic conditions. “It is certainly true that there are multiple shades of melanin in this Republican race,” Ramaswamy said in an interview before the event. “I think that in some ways dispels the myth that much of the left will perpetuate that this is somehow you know, a racist party or whatever drivel.” He added: “But personally, I could care less what someone’s skin color is. I think what matters is, what are they going to accomplish? What’s their vision?” As of now, the GOP does not have any Hispanic candidates in the 2024 contest. But Suarez, the Miami mayor, said he may change that in the coming days. “I think it’s important the field does have candidates that can connect with and motivate Hispanics to continue a trend that's already happening,” he said in an interview, noting that he's “very strongly” considering a White House bid. “Democrats have failed miserably to connect with Hispanics." A majority of Latino voters supported Biden in the 2020 presidential contest, according to AP VoteCast, an extensive national survey of the electorate. But Trump cut into that support in some competitive states, including Florida and Nevada, revealing important shifts among Latinos from many different cultural backgrounds. In last fall's midterm elections, support grew for Republican candidates among Black voters, although they remained overwhelmingly supportive of Democrats, AP Votecast found. Overall, Republican candidates were backed by 14% of Black voters, compared with 8% in the midterm elections four years earlier. While the shifts may be relatively small, strategists in both parties acknowledge that any shift is significant given how close some elections may be in 2024. In Chicago, Tyrone Muhammad, who leads Ex-Cons for Social Change, lashed out at Republicans for being “losers” for not seizing a very real opportunity to win over more African Americans. While sitting next to Ramaswamy on stage, he also declared that the Republican Party is racist. Later, he said he actually voted for Trump in 2020 because Trump enacted a criminal justice bill that aimed to shorten prison sentences for nonviolent drug offenders and address racial inequalities in the justice system. While the GOP has since embraced tough-on-crime rhetoric, Muhammed noted that Biden as a senator helped pass the 1994 crime bill that led to the mass incarceration of Black people. Muhammad said he might vote Republican again in 2024, despite the party's shortcomings. He pointed to the GOP's fight against illegal immigration as a core reason for support. “I may not like you as an individual, but I like your issues, I like your policies," he said. ___ Fields reported from Washington. Associated Press writer Thomas Beaumont in Des Moines, Iowa, contributed to this report. ___ The Associated Press receives support from several private foundations to enhance its explanatory coverage of elections and democracy. See more about AP’s democracy initiative here. The AP is solely responsible for all content. Read More Ukraine war’s heaviest fight rages in east - follow live Charity boss speaks out over ‘traumatic’ encounter with royal aide AP News Digest 8:40 a.m. Asylum-seekers say joy over end of Title 42 turns to anguish induced by new US rules Why Texas Attorney General Ken Paxton's impeachment fight isn't finished yet
2023-05-28 21:18
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