US economy on the brink as time runs low to avert debt default
America is heading close to the brink of a self-imposed economic disaster with the Republican-led House refusing to pay the country's debts unless President Joe Biden agrees on cuts to current and future spending and new curbs on social programs.
2023-05-22 12:23
Biden asks aides to arrange call with McCarthy as debt ceiling talks appear stalled
President Joe Biden has asked to speak with House Speaker Kevin McCarthy once his meetings conclude in Japan, in hopes of helping to put negotiations to raise the US debt ceiling -- which have appeared mostly stalled since Friday -- back on track.
2023-05-21 17:54
State Department will allow House Foreign Affairs Chairman to view Afghanistan dissent cable
The State Department will allow the top two members of the House Foreign Affairs Committee to view a dissent cable on the withdrawal from Afghanistan at the State Department -- a significant concession to Republican Chairman Michael McCaul ahead of a planned resolution to hold Secretary of State Antony Blinken in contempt of Congress.
2023-05-18 02:57
House Speaker McCarthy says U.S. debt ceiling deal by Sunday is “doable”
WASHINGTON House Speaker Kevin McCarthy said on Wednesday that a deal to raise the U.S. debt ceiling limit
2023-05-18 00:24
U.S. House Speaker McCarthy says he thinks U.S. will not default
WASHINGTON (Reuters) -House Speaker Kevin McCarthy on Wednesday said he believed the United States will not default on its debt
2023-05-17 20:25
Biden and McCarthy slated to meet again Tuesday to discuss raising the nation's borrowing limit
Anyone looking for clues at how talks to raise the nation's borrowing limit and avoid a historic default are progressing between President Joe Biden and congressional Republicans might be confused ahead of a high-stakes meeting at the White House on Tuesday.
2023-05-16 22:24
South Carolina governor calls state legislature back for 6-week abortion ban bill, other issues
South Carolina's Republican Gov. Henry McMaster has called the state legislature back for a special session Tuesday to continue to work on a bill that would ban most abortions as early as six weeks and other legislation.
2023-05-13 07:24
Brett Favre withdraws defamation lawsuit against sports commentator Pat McAfee
Pro Football Hall of Fame quarterback Brett Favre has withdrawn his lawsuit filed earlier this year against sports commentator and former NFL punter Pat McAfee, according to statements from the two on Thursday.
2023-05-12 09:58
McCarthy blocks Tlaib event marking Palestinian displacement, known as Nakba
House Speaker Kevin McCarthy cancelled a Wednesday event sponsored by Democratic Rep. Rashida Tlaib meant to commemorate al-Nakba, or "the catastrophe," as many Arabs refer to the period surrounding the birth of Israel, saying it's "wrong for members of Congress to traffic in antisemitic tropes about Israel."
2023-05-11 04:58
Inside White House meeting on debt ceiling: Intractable positions and no new ground
In a lengthy meeting at the White House Tuesday, leaders struggled to break any new ground on debt ceiling negotiations with a source familiar telling CNN that leaders repeated over and over again the same positions privately that have become a common refrain in public.
2023-05-10 20:29
Biden to meet with congressional leadership as threat of national debt default looms
President Joe Biden is set to meet with congressional leadership on Tuesday amid a stalemate in Washington to raise the debt ceiling and avoid a default that would have catastrophic economic consequences.
2023-05-09 20:26
McCarthy-Biden showdown is about much more than the US national debt
The clash between President Joe Biden and House Majority Leader Kevin McCarthy over the US debt will decide who is the most dominant figure in Washington for most of the next two years. And a failure by the two men to come to terms by this time next month would result in a national default that could have a profound impact on the economy and the 2024 election.
2023-05-09 20:24