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
‘The Stakes Could Not Have Been Higher’: Biden Celebrates Bipartisan Passage Of Debt Ceiling Raise
Senate debates tax reform bill after House passage, but last-minute hiccups arise.
House approves tax reform bill, as Trump eyes major legislative win The House on Tuesday approved a massive tax overhaul that would usher in steep rate cuts for American companies, double the deduction millions of families claim on their annual returns and make a host of other changes as part of the biggest rewrite of […]
Analysis: With Final Passage Likely, Tax Reform Delivers Conservative Policy Victories and Dishonest Liberal Hysteria.
In short, it’s happening. Congress’ bicameral conference committee unveiled a compromise tax reform bill on Friday, with votes in each chamber expected this week. The procedural rules forbid any further amendments, changes or “tweaks” to the now-finalized legislation; the next and last legislative step is a pair of up-or-down votes on an identical bill in […]
House Revives Obama’s Trade Agenda With Passage Of Fast Track Bill
The House voted to resurrect the centerpiece of President Obama’s trade agenda Thursday, six days after his fellow Democrats dealt him a dramatic setback after a months-long lobbying effort. Thursday’s 218-to-208 vote to grant Obama “fast track” authority to negotiate trade deals — including the controversial 12-nation Trans-Pacific Partnership — is a win for the […]