December 3, 2023

LAURA INGRAHAM: How does it makes any sense for the US to go further into debt?

Laura Ingraham highlights the demands for more funding to Ukraine, Israel and other causes as the U.S. debt continues to rise on “The Ingraham Angle.” LAURA INGRAHAM: It was a clown show on Capitol Hill today – the same people who’ve been wrong about pretty much every major foreign policy issue for the past 25 […]

Biden administration to erase medical debt records from credit reports, affecting millions of Americans

The Biden administration on Thursday announced plans to remove medical bills from Americans’ credit reports in a push to end what it called coercive debt collection tactics that affect millions of consumers. GOV. KATHY HOCHUL HAS MESSAGE FOR MIGRANTS LOOKING TO COME TO NEW YORK: ‘GO SOMEWHERE ELSE’ Vice President Kamala Harris told reporters that […]

California Reparations Task Force calls for eliminating child support debt for Black residents

The California Reparations Task Force is asking the Democrat-controlled state legislature to eliminate interest on past-due child support, as well as any back child support debt for Black residents of the state. In its final report released last week, the group claimed “discriminatory” laws “have torn African American families apart,” and that one effect of […]

‘Not happy’: Key progressive pushes back on new food aid work requirements in debt deal

Rep. Jim McGovern declined to say if he would help Republicans get the bill out of the Rules Committee. | Mandel Ngan/AFP via Getty Images The House’s biggest anti-hunger crusader is rejecting the Biden administration’s defense of new food aid restrictions in its deal with Republicans to raise the debt ceiling — but he didn’t

McCarthy overcomes Rules rebellion over debt deal

The House Rules Committee is now on track to advance the bipartisan debt deal to the floor for a vote Wednesday after Rep. Thomas Massie helped the GOP lock down a simple majority. | Francis Chung/POLITICO Speaker Kevin McCarthy has cleared yet another hurdle for his bipartisan debt deal with President Joe Biden: fending off

McCarthy rallies support for debt deal amid hints of mutiny

Speaker Kevin McCarthy speaks with reporters as he departs the U.S. Capitol, May 29, 2src23. McCarthy spent Memorial Day working to build consensus on the debt deal from his Capitol suite. | Francis Chung/POLITICO Speaker Kevin McCarthy hunkered down in a mostly desolate Capitol building on Monday to build support for his debt limit compromise

Wrinkles and curveballs in the debt ceiling bill

Speaker Kevin McCarthy hailed the elimination of the student loan pause as a “victory.” | J. Scott Applewhite/AP Photo The newly released legislative text enshrining the debt-limit compromise largely matches the deal that the White House and Speaker Kevin McCarthy had announced a day earlier: a proposal that would lift the $31.4 trillion ceiling through

Pragmatic House Republicans support debt deal, Dusty Johnson says

Rep. Dusty Johnson (R-S.D.) said that House Speaker Kevin McCarthy made no concessions to President Joe Biden. | Francis Chung/POLITICO Rep. Dusty Johnson on Sunday downplayed initial conservative opposition to the debt ceiling deal announced late Saturday, saying it was only the “most colorful” conservatives who were opposed. Speaking to host Jake Tapper on CNN’s

Massie Signals Yes Vote on Critical Debt Bill Hurdle: ‘Remarkable’ Chance to Restore Regular Order

Drew Angerer/Getty Images Rep. Thomas Massie (R-KY) indicated Tuesday he would support moving the bill to raise the debt limit to the floor for a full House vote, a pivotal step as House leaders race to rally enough support to send the bill to the Senate this week. Massie, one of nine Republicans on the

Now comes the hard part: Getting the debt ceiling deal through Congress

Now comes the hard part.  If you thought it was hard for President Biden and House Speaker Kevin McCarthy, R-Calif., to marshal a debt ceiling deal, wait to see if it’s even more challenging to advance the bill through Congress. Both the president and speaker will test their powers of persuasion to line up the […]

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

Washington leaders responded on Sunday to the bipartisan Fiscal Responsibility Act, a deal reached between House Speaker Kevin McCarthy, R-Calif., and President Biden to evade defaulting on the country’s financial obligations. Both McCarthy and Biden held their posture as long as they could with a looming deadline of June 5, and on Sunday, reached a […]

Here are the 6 must-know provisions of the new debt ceiling deal

House Speaker Kevin McCarthy (R-Calif.) speaks alongside Rep. Garret Graves (R-La.) to announce that he had reached a deal with President Biden to raise the debt ceiling at the U.S. Capitol on May 27, 2src23. | Francis Chung/POLITICO The debt ceiling deal that President Joe Biden and House Speaker Kevin McCarthy struck late Saturday is

Fox News Poll: Majority says only increase debt ceiling with spending cuts

With under two weeks until a potential default on the nation’s debt, a majority of registered voters says increasing the debt ceiling should only happen with spending cuts, and two-thirds believe that failing to raise that limit will result in financial catastrophe. That’s a complete reversal from 12 years ago during the last debt ceiling crisis. […]

Donald Trump Praises SCOTUS for Stopping Joe Biden’s ‘Unfair’ Student Debt Transfer 

Erin Schaff-Pool, MANDEL NGAN/AFP via Getty Images Former President Donald Trump will praise the U.S. Supreme Court for stopping President Joe Biden’s “unfair” student debt transfer, according to prepared remarks obtained by Breitbart News ahead of his speech at the annual Moms for Liberty summit. On Friday, the Court held that Biden’s attempted $430 billion

McCarthy accuses Biden of ignoring GOP over debt ceiling negotiations as talks stall: ‘Rests upon his feet’

Speaker of the House Kevin McCarthy demanded President Biden return to the negotiating table for debt ceiling negotiations, as talks remain stalled over key spending cuts and a potential increase to the ceiling overall.  McCarthy accused the president of stifling a deal during “Sunday Morning Futures,” after Biden dismissed the Republican spending proposal as “wacko” […]

Biden, Don’t Celebrate Debt Ceiling Deal. Instead, Take It to Court

President Biden has taken a victory lap, praising the debt ceiling deal that helped avert the wholly manufactured crisis of a potential default. But this is no moment to celebrate. Instead, this is a moment to sue. Biden rightfully acknowledged the debt ceiling is likely unconstitutional in the lead-up to this deal. And he was

EXCLUSIVE: Rep. Clyde Slams House Leadership For Threatening To Pull His Second Amendment Bill Over Debt Ceiling Vote

Republican Georgia Rep. Andrew Clyde slammed House GOP leadership after he said they threatened to block his bill that focuses on pistol braces from coming to the floor if he votes “no” on the debt ceiling rule. Clyde went after House leadership in an exclusive statement to the Daily Caller, accusing them of holding Americans’

‘The Stakes Could Not Have Been Higher’: Biden Celebrates Bipartisan Passage Of Debt Ceiling Raise

President Joe Biden delivered remarks Friday night in celebration of the bipartisan passage of a bill raising the debt ceiling, saying “the stakes could not have been higher.” The president and House Speaker Kevin McCarthy were deliberating a bipartisan solution to raising the debt ceiling for weeks before potential default on June 5, with the

Senate Sends Debt Ceiling Package To Biden’s Desk With Default Days Away

June 01, 2023 11:01 PM ET The Senate passed the Fiscal Responsibility Act Thursday night, sending the debt ceiling hike to President Joe Biden’s desk. Seventeen Republicans joined 46 Democrats to suspend the debt ceiling into January 2025, allowing the federal government to avoid a default on its debt less than one week before a

Mace: McCarthy Debt Ceiling Deal ‘Not a Win for the American People’

Representative Nancy Mace (R-SC) said Wednesday on CNN’s “The Lead” that the debt limit bill House Speaker Kevin McCarthy (R-CA) negotiated with the Biden administration was “not a win for the American people.” Mace said, “I’ll be voting no tonight because my vote is with the American people.” She continued, “This is not a win

McCarthy races to sell newly released debt deal amid rumblings of far-right rebellion

During a conference-wide conference call Saturday night, Speaker Kevin McCarthy highlighted what he sees as GOP victories in the agreement. | Francis Chung/POLITICO House Republicans and the White House unveiled the text of a two-year bipartisan budget deal on Sunday that would lift the $31.4 trillion debt limit through the 2src24 election and limit federal

Does the debt deal have enough GOP support? This Democratic senator says he’s worried.

On Sunday, Sen. Chris Murphy (D-Conn.) voiced concern about the speed with which members of Congress will be able to send the final deal back to the president. | Darko Vojinovic/AP Photo The White House and House Republican negotiators reached an agreement in principle Saturday night that would raise the debt limit and avert potential

Biden, McCarthy poised to claim victory after protracted debt drama

President Joe Biden’s White House did not brief the Democratic caucus until 5 p.m. Sunday. | Manuel Balce Ceneta/AP Photo Some House conservatives spent Sunday morning lining up against a deal that one called “insanity.” Some progressives are privately grumbling at their party’s lack of wins. Yet as lawmakers parsed through the deal between President

Debt limit derails the rest of Congress’ must-pass agenda

Speaker Kevin McCarthy has vowed to pass all 12 bills on the floor, which will be a particularly difficult feat with a four-vote margin. | Francis Chung/POLITICO Spending packages. The farm bill. Defense legislation. Congress’ knockdown fight over what was once its most mundane activity — raising the debt ceiling — is claiming an unintended

House conservatives blanch at leaked details of McCarthy-Biden debt talks

While conservatives were always unlikely to support an agreement with Democrats, it’s a glimpse at the fury that could erupt on Speaker Kevin McCarthy’s right flank over a Biden-approved deal. | Francis Chung/POLITICO As details leak about an emerging bipartisan debt deal just days before a possible default, House conservatives are growing increasingly unhappy. With

Inside House Democrats’ fight over debt ceiling messaging

In the party’s weekly leadership meeting earlier this week, Hakeem Jeffries suggested that since the White House felt it could not go on offense against Kevin McCarthy, House Democrats would. | Francis Chung/POLITICO In a closed-door Democratic whip meeting on Thursday, Rep. Jahana Hayes challenged her party’s leadership team on the caucus’ debt ceiling messaging

White House believes massive Dem bailout may be needed to pass debt ceiling compromise

Rank-and-file Democrats acknowledge that they will be under enormous political pressure to support any debt-ceiling deal backed by President Joe Biden, lest they leave the economy and the president of their own party out to dry. | Patrick Semansky/AP Photo White House aides privately estimate they may need to deliver as many as 1srcsrc Democratic

House Democrats Admit That Debt Limit Talks Are a ‘Concession Exercise’

House Democrats have become increasingly frustrated with how President Joe Biden and the White House are handling the debt ceiling negotiations with Speaker Kevin McCarthy (R-CA). Many Democrats, especially those who may face difficult elections in 2src24, have complained that the White House has “bungled” the messaging war against Republicans. They believe that Democrats could

The debt talks are about to test McCarthy’s hold on his party

For the moment, multiple members of the conservative House Freedom Caucus are pleased with Speaker Kevin McCarthy’s outreach. | Francis Chung/POLITICO Speaker Kevin McCarthy’s negotiations with President Joe Biden are serving another purpose besides reaching a debt deal — as his second job interview with conservatives. As the talks lurch closer to the Treasury Department’s

Clyburn: Biden Has ‘Authority To Use’ 14th Amendment to End Debt Ceiling Stalemate

Representative James Clyburn (D-SC) said Tuesday on MSNBC’s “José Díaz-Balart Reports” that President Joe Biden can invoke the 14th Amendment to end the debt ceiling stalemate if necessary. Clyburn said, “I don’t know how long it’s going to take. I think that we all recognize that Janet Yellen made it very clear to us that

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