Kevin McCarthy (California politician) & Discussion
Speaker of the United States House of Representatives from January to October 2023
Trump says he thinks Speaker Mike Johnson is ‘doing a very good job’ amid ouster threat from Marjorie Taylor Greene
cnn.com/2024/04/12/politics/mike-johnson-trump-mar-a-lago/
Quick Glance: Focus on Support for Israel and Ukraine by Mike Johnson
- House Speaker Mike Johnson is heavily advocating for support for Israel and Ukraine while trying to push a national security package through the House.
- Johnson faces the challenge of juggling the Republican Party's divided support for Kyiv's defense while feeling the pressure to pass a comprehensive aid package for U.S. allies.
- In his quest to find ways to promote funding for Ukraine, Johnson is engaging in discussions with the White House and former president Donald Trump. The divisive dynamic within the party and the urgency of the situation in Ukraine present a significant challenge for Johnson.
- Johnson must craft a package that includes some policy wins for Republicans while also gaining Democratic approval. Despite concerns from some progressive Democrats regarding support for Israel, most Democratic lawmakers have rallied behind the Senate-passed package.
Speaker Johnson won’t raise bar on motion to vacate rule: Speaker Mike Johnson (R-La.) announced Thursday that he won’t seek to raise the bar for removing a ...
thehill.com/homenews/house/4603425-johnson-ouster-rule-motion-to-vacate-ukraine/
House Problem Solvers Caucus on rocky ground since McCarthy's ouster: Multiple members said the centrist group hasn't met in months.
axios.com/2024/03/07/house-problem-solvers-caucus-democrats-republicans
McConnell nudges Johnson as gap grows between GOP leaders: The Senate GOP leader is sensitive to Mike Johnson's tough position. But on Ukraine and spending ...
politico.com/news/2024/02/27/mcconnell-nudges-a-speaker-whos-running-low-on-political-lives-00143704
Quick Glance: Biden Urges Congressional Leaders to Avoid Shutdown
- President Joe Biden urged the top four Congressional leaders to act swiftly to prevent a government shutdown and provide emergency aid to Ukraine and Israel.
- Biden stressed the urgency of Ukraine aid and the necessity of supporting Israel's replenishment of Iron Dome interceptors.
- House Republicans have blocked a $95 billion national security package enhancing aid for Ukraine, Israel, and the Indo-Pacific.
- Government funding for various sectors expires soon, highlighting the need for bipartisan action to prevent significant economic damage from a potential government shutdown.
Government shutdown comes down to Mike Johnson’s decision: Johnson is the one person in D.C. who can break the stalemate.
axios.com/2024/02/28/government-shutdown-mike-johnson-republicans-ukraine
Kevin McCarthy Says Matt Gaetz ‘Belongs in Jail’: Gaetz led the charge to oust McCarthy from the speakership earlier this year.
thedailybeast.com/kevin-mccarthy-says-matt-gatez-belongs-in-jail
McCarthy accused of elbowing lawmaker, while fight nearly breaks out in Senate: The breakdowns in decorum came on a day when lawmakers were laboring to avoid a ...
washingtonpost.com/politics/2023/11/14/kevin-mccarthy-elbow-senate-fight/
Quick Glance: McCarthy's Altercation Sparks Hallway Chase
- Altercation between former House Speaker Kevin McCarthy and a GOP colleague leads to a chase in the chamber.
- Representative Tim Burchett was among the eight Republicans who voted to remove McCarthy from his position as Speaker of the House.
- Burchett pursued McCarthy down the hallway, confronting him about the incident, as reported by Grisales.
- Burchett described the elbow as a surprise, stating it was a direct blow to the kidneys.
Matt Gaetz, of All People, Whines After His Preferred Speaker Jim Jordan Is Dumped
thedailybeast.com/matt-gaetz-of-all-people-whines-after-his-preferred-speaker-jim-jordan-is-dumped
House speaker race starts again for Republicans after ousting Jordan: House Republicans on Friday removed Rep. Jim Jordan (R-Ohio) as their nominee for speaker ...
washingtonpost.com/politics/2023/10/20/house-speaker-race-candidates-jim-jordan/
Quick Glance: Republicans remove Jim Jordan as House speaker nominee
- Republicans abruptly remove Rep. Jim Jordan as their nominee for House speaker.
- Jordan failed badly in the third ballot for the gavel.
- House Republicans now need to come together and decide on their speaker.
- The House is left without a speaker and unable to function, as no one can currently win a GOP majority.
Slog AM: Three Dead in University of Nevada Shooting, Kevin McCarthy to Resign, and No-Show Trump Wins Fourth GOP Debate
thestranger.com/slog-am/2023/12/07/79296118/slog-am-three-dead-in-university-of-nevada-shooting-kevin-mccarthy-to-resign-and-no-show-trump-wins-fourth-gop-debate
How historic the House GOP’s chaos is, by the numbers: Looking at the ways in which the GOP is setting benchmarks with its internal discord.
washingtonpost.com/politics/2023/10/11/how-historic-house-gops-chaos-is-by-numbers/
Quick Glance: GOP meeting fails to unite on next speaker
- House Republicans hold emotional meeting to address leadership crisis.
- Two days before the vote, they are far from reaching a consensus on a new speaker.
- Republicans face pressure to choose quickly amidst attacks in Israel and upcoming government funding deadline.
- Some lawmakers advocate for rule changes to influence the election of the next speaker.
GOP says time is running out for Scalise to lock down the speakership: From Kevin McCarthy on down, leader-less House Republicans emerged from yet another tense ...
politico.com/live-updates/2023/10/12/congress/more-frustrations-00121251
The House has never been speakerless for so long: At no point in history has the House been in session without a speaker as long as this.
washingtonpost.com/politics/2023/10/19/house-speaker-history/
Jim Jordan, the face of key GOP investigations, seeks the speaker’s gavel: Rep. Jim Jordan of Ohio, a key figure in high-profile House GOP-led investigations ...
cnn.com/2023/10/06/politics/jim-jordan-profile-house-speaker-race/
Quick Glance: GOP rules and their impact on Trump's candidacy for House speaker
- The US Constitution does not mandate that the House speaker be a member of the chamber.
- Trump has expressed support for Rep. Jim Jordan (R-Ohio), chair of the influential House Judiciary Committee.
- Trump has also indicated his willingness to serve as speaker on an interim basis if necessary.
- This possibility could gain more consideration if neither Jordan nor House Majority Leader Steve Scalise (R-La.) can secure majority support in the full chamber.
How Congress averted a government shutdown — for now: A reversal by Speaker Kevin McCarthy (R-Calif.) was in the works for days and resulted in a stunning turn ...
washingtonpost.com/politics/2023/10/01/how-congress-averted-government-shutdown-now/
Fox News tries to referee House GOP chaos but cancels speaker ‘debate’: Fox News’s plans to televise a debate between House speaker candidates fell apart after ...
washingtonpost.com/style/media/2023/10/06/fox-news-speaker-debate/
House Speaker Vote Remains Contentious in Debate Among Republicans: House Republicans are making little progress in rallying behind a single candidate despite ...
rollingstone.com/politics/politics-news/house-speaker-vote-debate-republicans-1234850092/
Congress passes spending stopgap, averting a shutdown hours before midnight deadline
npr.org/2023/09/30/1202839419/house-and-senate-race-to-find-agreement-ahead-shutdown-deadline
The White House chief of staff says it's on House Republicans to avert a shutdown
npr.org/2023/09/28/1202288527/biden-mccarthy-shutdown-zients
On the brink of a federal shutdown, the House passes a 45-day funding plan and sends it to Senate
omaha.com/news/nation-world/government-politics/house-passes-government-funding-plan-and-sends-it-to-senate/article_0e6c1372-6208-53cf-8626-29e3ff957ece.html
'I think chaos is the operative word,' says Rep. Mark Alford on McCarthy's ousting
npr.org/2023/10/04/1203547949/with-mccarthys-ouster-house-of-representatives-enters-unprecedented-territory
Government shutdown averted with little time to spare as Biden signs funding before midnight
apnews.com/article/government-shutdown-mccarthy-congress-republicans-732baaa19c91f981e492fd0e6a76aba8
Quick Glance: North Texas federal employees prepare for upcoming government shutdown
- Federal employees in North Texas seeking assistance from local food banks and community centers.
- A shutdown is unnecessary and avoidable, hopefully it doesn't happen.
- Sen. Patty Murray blocked the proposal but argued for continued pay for all federal workers.
- Ted Cruz would pause his paychecks in the event of a shutdown.
On the brink of a federal shutdown, the House passes a 45-day funding plan and sends it to Senate
richmond.com/news/nation-world/government-politics/house-passes-government-funding-plan-and-sends-it-to-senate/article_a6c9582b-4023-53c8-833b-29f3d11b473a.html
Some Republicans worry Kevin McCarthy's ouster will weaken fundraising ahead of 2024 election
pbs.org/newshour/politics/some-republicans-worry-kevin-mccarthys-ouster-will-weaken-fundraising-ahead-of-2024-election
Quick Glance: Matt Gaetz: The Man Who Brought Down Kevin McCarthy - A Historic Achievement
- In a one-man campaign, Republican Matt Gaetz successfully removed sitting House Speaker Kevin McCarthy on Tuesday, revealing an unprecedented intra-party conflict in US history.
- Gaetz emerged victorious in the highly contested 2010 Republican primary for the Florida state House, leveraging his resources as an attorney.
- In 2021, federal investigators reportedly examined Gaetz's 2018 trip to the Bahamas, which allegedly involved escorts, including a 17-year-old girl.
- The feud between Gaetz and McCarthy became evident this year.
Ohio Republican on shutdown scenario: ‘I'll bet on Kevin McCarthy any day’: But Democratic Rep. Maxine Waters only sees chaos in the GOP.
politico.com/news/2023/09/24/waters-turner-mccarthy-government-shutdown-00117822
Kevin McCarthy opens impeachment inquiry without passing budget despite once criticizing Democrats for the same
cnn.com/2023/09/14/politics/kfile-mccarthy-opens-impeachment-without-passing-budget/
Quick Glance: McCarthy Starts Impeachment Inquiry without Budget, Contradicting Past Criticism
- McCarthy called for the inquiry to appease far-right members of the Republican caucus.
- He previously criticized Democrats for prioritizing impeachment over basic government responsibilities.
- McCarthy expressed concern that impeachment has overtaken congressional work and hindered resources for troops.
- He emphasized the potential consequences of lowering the impeachment standard.
Gaetz and McCarthy have heated exchange in closed door meeting amid looming shutdown
usatoday.com/story/news/politics/2023/09/28/gaetz-and-mccarthy-have-heated-exchange-in-closed-door-meeting/70990928007/
McCarthy ally to GOP critics: ‘Get your little games over with’ : Rep. Garret Graves (R-La.), a top ally of Speaker Kevin McCarthy (R-Calif.) ...
thehill.com/homenews/house/4220986-mccarthy-ally-to-gop-critics-get-your-little-games-over-with/
Speaker McCarthy is giving hard-right Republicans what they want. But it never seems to be enough.
apnews.com/article/government-shutdown-congress-mccarthy-gaetz-republicans-dd94770223f697c1c68229133f031df4
Quick Glance: White House prepares for government shutdown as House Republicans lack a viable plan
- Speaker Kevin McCarthy announces that the House will start voting on the latest plan next week.
- The White House is preparing to direct federal agencies to get ready for a shutdown after House Republicans left without a realistic plan to fund the government and avoid disruptive consequences.
- A federal shutdown after September 30 appears likely unless Speaker Kevin McCarthy can convince his rebellious, right-wing faction to approve a temporary funding measure to prevent closures during ongoing talks.
- The standoff with House Republicans over government funding jeopardizes various activities, including military and law enforcement personnel pay, food safety and aid programs, air travel, and passport processing, potentially causing havoc in the US economy.
Speaker McCarthy: U.S. House to vote on appropriations measure Tuesday: U.S. House Speaker Kevin McCarthy said on Monday the House of Representatives will vote ...
reuters.com/world/us/speaker-mccarthy-us-house-vote-appropriations-measure-tuesday-2023-09-25/
No more support: Ukraine is loser in U.S. shutdown: The U.S. Congress has only a few hours to prevent a shutdown. That succeeds narrowly. With the compromise ...
n-tv.de/politik/Ukraine-ist-Verlierer-beim-US-Shutdown-article24434893.html
Quick Glance: USA Avoids Shutdown
- US Congress reaches last-minute agreement on interim budget.
- Joe Biden intends to continue supporting Ukraine.
- Interim budget does not include further support for Ukraine.
- Senate votes on the text, Democrats have the majority.
McCarthy faces government shutdown, pushes for Biden impeachment inquiry with Congress back in session
pbs.org/newshour/politics/mccarthy-faces-government-shutdown-pushes-for-biden-impeachment-inquiry-with-congress-back-in-session
Securing his western flank, Zelenskyy bids to maintain his U.S. support: Volodymyr Zelenskyy says he is making an effort to answer any legitimate questions ...
npr.org/2023/09/22/1200812392/securing-his-western-flank-zelenskyy-bids-to-maintain-his-u-s-support
Musk on potential cage fight with Zuckerberg: ‘If he wants to’: Tesla CEO and X owner Elon Musk said Wednesday he would take Meta CEO Mark Zuckerberg on in a ...
thehill.com/policy/technology/4203012-musk-on-potential-cage-fight-with-zuckerberg-if-he-wants-to/
Quick Glance: Musk Biographer Isaacson: Only Elon Can Save Us
- Walter Isaacson accompanied Elon Musk for two years
- Elon Musk believes that he is the only one who can save us
WATCH: McCarthy 'frustrated' with some House Republicans over budget deadline
pbs.org/newshour/politics/watch-mccarthy-frustrated-with-some-house-republicans-over-budget-deadline
Quick Glance: Frost criticizes McCarthy and GOP: Self-interests over the people
- Rep. Maxwell Frost (D-Fla.) strongly criticizes House Speaker Kevin McCarthy (R-Calif.), referring to his caucus as a circus unable to gather enough votes for significant legislation.
- McCarthy announces support for an impeachment inquiry.
- Gaetz considers votes to oust McCarthy in recent days.
- Frost points out that McCarthy doesn't even have enough votes for impeachment or to fund the government, and it's unclear if he has enough votes to keep his own job.
Letters to the Editor: If government shuts down, blame McCarthy: Readers debate Kevin McCarthy's role for problems in the House of Representatives and his role ...
latimes.com/opinion/letters-to-the-editor/story/2023-09-25/letters-to-the-editor-government-shutdown-kevin-mccarthy-republicans-congress
House reconvenes with government funding, impeachment inquiry top of mind: The House returns to session after the long August recess this week with government ...
thehill.com/homenews/house/4197294-house-reconvenes-with-government-funding-impeachment-inquiry-top-of-mind/
McCarthy's House is least productive in modern history, analysis finds: The House has passed just over 220 bills so far and is set to be in session for 117 days ...
businessinsider.com/kevin-mccarthy-house-least-productive-modern-history-analysis-2023-9
Paid articlePaid
House Speaker Drama Will Plunge US China Policy Into Uncertainty: Kevin McCarthy’s ouster – and the rising power of the Freedom Caucus – will intensify internal ...
thediplomat.com/2023/10/house-speaker-drama-will-plunge-us-china-policy-into-uncertainty/
Democrats weigh McCarthy’s fate as GOP moderates float rules changes to save speaker
cnn.com/2023/10/01/politics/democrats-kevin-mccarthy-speakership/
The situation in the evening: is the Green base fleeing the party?: EU agreement in dispute over asylum reform - but some Greens rebel. The male quota for Nobel ...
spiegel.de/politik/deutschland/news-des-tages-eu-einigung-im-streit-um-die-asylreform-chemie-nobelpreise-usa-kevin-mccarthy-a-a8d565cb-2114-4348-ab35-642208416f7d
Chaos among the Republicans: USA heading for shutdown: Republicans and Democrats can usually avert a government shutdown at the last minute ...
faz.net/aktuell/politik/ausland/usa-steuern-auf-shutdown-zu-chaos-bei-den-republikanern-19212066.html
Former Santos staff member charged with impersonating McCarthy aide to raise funds
abcnews.go.com/US/former-santos-staff-member-charged-impersonating-mccarthy-aide/story
Quick Glance: Former Fundraiser for Rep. George Santos Charged with Fraud and Identity Theft
- A former fundraiser for U.S. Rep. George Santos has been indicted for impersonating a high-ranking congressional aide and soliciting contributions under false pretenses.
- Sam Miele faces charges of wire fraud and aggravated identity theft for allegedly defrauding donors.
- Prosecutors allege that Miele posed as a high-ranking aide to a House member and used a fake name and email address to deceive prospective donors.
- Santos was not implicated in Miele's case.
The Republican Primary Contenders Are All Making the Same Fatal Error: All except for one, that is.
slate.com/news-and-politics/2023/08/the-surge-ramaswamy-trump-desantis-haley-prigozhin.html
They said it: GOP House Speaker vents on stalled spending talks: Quote of the week.
mercurynews.com/2023/09/24/they-said-it-gop-house-speaker-vents-on-stalled-spending-talks/
McCarthy dodges Hannity’s questions on Biden ‘bribery scandal’: Speaker Kevin McCarthy (R-Calif.) on Monday declined to label the GOP-led investigation into ...
thehill.com/homenews/house/4144066-mccarthy-dodges-hannitys-questions-on-biden-bribery-scandal/
The daily business briefing: September 19, 2023: Instacart prices its shares at top of range in IPO, the UAW threatens to widen its strike, and more
theweek.com/business/the-daily-business-briefing-september-19-2023
The Memo: Hunter Biden’s headlines create political bind for president: The tale of Hunter Biden took yet another strange turn Wednesday, when a district judge ...
thehill.com/homenews/campaign/4121820-the-memo-hunters-headlines-create-political-bind-for-biden/
Quick Glance: Joe Biden Refuses to Pardon His Son
- Hunter Biden, son of US President Joe Biden, is facing multiple charges.
- Hunter Biden appeared in court in Delaware on July 26.
- According to federal law, a US President has the power to pardon convicted offenders and reduce or mitigate sentences.
- Biden has already exercised this right in several cases.
GOP Rep. Ken Buck Says Kevin McCarthy’s ‘Shiny Object’ Impeachment Talk Is Irresponsible
thedailybeast.com/gop-rep-ken-buck-says-kevin-mccarthys-shiny-object-impeachment-talk-is-irresponsible
House GOP leadership insists they can both investigate Biden and govern: House Republican leaders are insisting they can pursue investigations targeting the ...
cnn.com/2023/07/26/politics/house-gop-impeachment-inquiry-threat/
McCarthy summons GOP factions to counter threat of a new conservative rebellion: But several hard-right Republicans left the speaker's meeting less than ...
politico.com/news/2023/07/11/mccarthy-summons-gop-factions-to-counter-threat-of-a-new-conservative-rebellion-00105775
Will Trump show for the first GOP debate?: The troubled debate is prime evidence of a party operating in Trump’s shadow. Every other candidate is being buried ...
thehill.com/opinion/columnists/juan-williams/4098051-only-trumps-massive-ego-can-force-him-to-the-debate-stage/
McCarthy’s office shares VR footage of Indian leader Narendra Modi’s address to Congress
thehill.com/homenews/house/4084644-kevin-mccarthy-narendra-modi-joint-address-virtual-reality/
Impeachment push set to take center stage in House, bringing new chapter for GOP: House Republicans are preparing to let the push for potential impeachment ...
cnn.com/2023/06/29/politics/house-republicans-impeachment-push/
McCarthy seeks to mollify conservatives ahead of federal spending fight: With a two-week holiday break starting next week, Speaker Kevin McCarthy (R-Calif ...
thehill.com/homenews/house/4065223-mccarthy-seeks-to-mollify-conservatives-ahead-of-federal-spending-fight/
McCarthy huddles with House Freedom Caucus and urges consensus and compromise ahead of major spending fights
cnn.com/2023/06/23/politics/kevin-mccarthy-house-freedom-caucus-spending-fight/
US House resumes passing bills amid Republican infighting: The U.S. House of Representatives returned to the job of legislating on Tuesday ...
reuters.com/world/us/us-house-breaks-legislative-logjam-advances-republican-bills-2023-06-13/
What to Know About the Controversy Over the Defense Authorization Bill: House Speaker Kevin McCarthy is facing pressure this week from conservative members of ...
time.com/6293721/defense-authorization-act-congress-controversy-mccarthy/
GOP moderates strike back after conservative revolt paralyzes House: Frustrations among moderate House Republicans are bubbling over. A week after a group of ...
thehill.com/homenews/house/4048340-moderates-strike-back-conservative-revolt-paralyzes-house/
US: Biden, McCarthy reach compromise on debt ceiling: US: Biden, McCarthy reach compromise on debt ceiling
nzz.ch/wirtschaft/us-praesident-biden-und-oppositionsfuehrer-mccarthy-kommen-bei-der-diskussion-zur-schuldenobergrenze-zu-einem-kompromiss-aber-zu-einem-faulen-ld.1740013
House Republican blasts Freedom Caucus with expletives for stonewalling on legislation
abcnews.go.com/Politics/house-republican-blasts-stonewalling-freedom-caucus/story
Key test ahead on federal debt deal that could prevent a disastrous default: WASHINGTON (AP) — President Joe Biden says he feels good about the debt ceiling and ...
apnews.com/article/debt-limit-biden-mccarthy-house-votes-c8484d7fcd1e38fa593e5dc79c910747
Quick Glance: Biden and McCarthy's Rocky Journey to a Debt Ceiling Agreement
- Throughout months of negotiations over the U.S. debt ceiling, McCarthy has criticized Biden.
- On Sunday, Biden stated that he believes McCarthy negotiated with him in good faith.
- Despite initially calling for an uncompromising increase in the debt ceiling, McCarthy ultimately made concessions.
- Last week, both sides moved towards a deal, and McCarthy's tone changed as he expressed his respect for White House negotiators.
Biden praises Kevin McCarthy on debt deal: 'Both sides kept their word.': President Joe Biden praised Republican House Speaker Kevin McCarthy for negotiating "in ...
usatoday.com/story/news/politics/2023/06/02/biden-debt-deal-remarks/70283354007/
Quick Glance: Senate Passes Bill to Increase Debt Ceiling and Sends it to Biden's Desk
- On Thursday night, the Senate passed a bill to increase the debt ceiling.
- After passing the House with a wide and bipartisan margin on Wednesday night, the measure was approved with a bipartisan majority of 63-36 votes.
- Treasury Secretary Janet Yellen has warned that the U.S. could run out of money to pay its bills on June 5 if Congress doesn't act, leading the Senate to put a bill on President Biden's desk.
- Follow below to catch up on how the night unfolded.
Amid debt ceiling impasse, House GOP auctions off lip balm for $100,000: Rep. Marjorie Taylor Greene bid $100,000 to win a lip balm — and a fundraising visit ...
washingtonpost.com/politics/2023/05/23/mccarthy-greene-lip-balm-auction-debt-ceiling/
Budget crisis: dispute over U.S. debt continues to escalate: Only a few days remain for the U.S. to avoid a government default. After a new top-level meeting on ...
faz.net/aktuell/politik/ausland/streit-um-us-schulden-joe-bidens-regierung-geht-das-geld-aus-18912555.html
Clarence Page: Congress finds virtue in compromise — at last: Lessons of the debt ceiling debate: Congress should not be encouraged to hold the rest of ...
chicagotribune.com/columns/clarence-page/ct-column-kevin-mccarthy-president-biden-debt-ceiling-14th-amendment-page-20230604-7asbvkstn5cadi7cbhr3cpjoga-story.html
House OKs debt ceiling bill to avoid default, sends Biden-McCarthy deal to Senate
apnews.com/article/debt-limit-biden-mccarthy-house-votes-9375cce9b7526b2d0a5728f8d4a18a0a
Biden and McCarthy to meet Monday for debt ceiling talks: Biden said a phone call with McCarthy today "went well."
axios.com/2023/05/21/biden-debt-ceiling-japan-14th-amendment-mccarthy
McCarthy sending negotiators to White House to finish debt limit talks, but sides 'far apart'
apnews.com/article/debt-limit-congress-mccarthy-biden-budget-850273c73ed40f4ad002fa24e50f9b40
Quick Glance: McCarthy and Biden Have 'Productive' Debt Ceiling Talks - But No Agreement Despite Looming Default
- President Joe Biden and House Speaker Kevin McCarthy (R-Calif.) both described their Monday evening meeting to discuss raising the debt ceiling as 'productive' - but differences between the two leaders still exist as a June 1 deadline to avert a federal default gets closer.
- McCarthy said the tone of the meeting was better than any previous negotiation, but he did not hear anything from the president indicating that the two had reached common ground beyond their shared desire to strike a deal.
- According to McCarthy, there are no Pentagon cuts or tax increases on the table, two areas where potential disagreements with the White House could arise. McCarthy added that he opposes a short-term debt ceiling increase.
- Treasury Secretary Janet Yellen reaffirmed on Sunday that June 1 is a hard deadline for the federal government to raise the debt ceiling before it is no longer able to pay its bills. A default on federal obligations would jeopardize the fulfillment of federal commitments and most experts believe it would be economically disastrous.
'Trust, but verify': As McCarthy meets with Biden on debt limit, is the GOP backing him?
usatoday.com/story/news/politics/2023/05/16/debt-limit-negotiations-will-gop-accept-deal-from-mccarthy-and-biden/70222559007/
Quick Glance: Biden and House Republicans Gear Up for Crucial US Debt-Ceiling Talks
- Democratic and Republican staff are working to find common ground on spending levels and energy regulations.
- The White House has not ruled out annual spending caps.
- Republicans will only vote to raise the debt ceiling if sharp spending cuts are agreed upon.
- Failure to lift the limit could trigger a sharp economic downturn.
Debt ceiling talks teeter on the brink, as lawmakers leave town for weekend without a deal
apnews.com/article/debt-limit-biden-mccarthy-default-7df95c593c8f4c94662361a93831a42c
‘Soft food’ to ‘good faith’: How Biden and McCarthy came together on debt deal: In late March, the prospects of President Biden and Speaker Kevin McCarthy ...
thehill.com/homenews/administration/4029028-soft-food-to-good-faith-how-biden-and-mccarthy-came-together-on-debt-deal/
Dispute over debt ceiling: According to the US Treasury Secretary, there is a risk of default on June 5 at the earliest
spiegel.de/ausland/schuldenstreit-in-den-usa-zahlungsausfall-droht-laut-us-finanzministerin-fruehestens-am-5-juni-a-5d70fc3e-5baf-4196-ba33-06c7746205a5
Biden says he's 'confident' US will avert default as he departs for foreign trip: "All the leaders have agreed we will not default," Biden said.
abcnews.go.com/Politics/biden-confident-us-avert-default-departs-foreign-trip/story
Rating agency threatens USA with downgrading of top rating: Democrats and Republicans negotiate every day - but a solution to the debt dispute is not in sight ...
morgenpost.de/politik/ausland/article238493519/Ratingagentur-droht-USA-mit-Herabstufung-der-Topnote.html
WATCH: Biden goes after Republicans on debt limit in campaign-style speech: Biden on Wednesday blasted Republican-demanded spending cuts as “devastating ...
pbs.org/newshour/politics/watch-live-biden-delivers-remarks-on-raising-debt-limit-and-federal-budget-in-valhalla-ny
Quick Glance: Yellen: US default on debt should be 'unthinkable'
- US Treasury Secretary Janet Yellen called the idea of a US default on its debt 'unthinkable'.
- Yellen emphasized that lawmakers must raise the debt ceiling to avoid defaulting on debt.
- The US Congress has raised or suspended the debt limit almost 80 times since 1960.
- Yellen's trip to Japan was cut short to continue addressing the debt ceiling issue.
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