Politics May 12 Commerce Department launches process to fund tech hubs across the U.S. with $500 million in grants The $500 million is part of a $10 billion authorization from last year's CHIPS and Science Act to stimulate investments in new technologies such as artificial intelligence, quantum computing and biotech.
Politics May 10 WATCH: Biden goes after Republicans on debt limit in campaign-style speech Biden on Wednesday blasted Republican-demanded spending cuts as “devastating,” making his case in a campaign-style speech to voters as lawmakers met in Washington on raising the government's borrowing limit to avoid a potentially catastrophic U.S. default.
Politics May 09 WATCH: Biden says debt ceiling talk with McCarthy was 'productive' Biden said he and congressional leaders had a “productive” meeting Tuesday on trying to raise the nation's debt limit though no agreement was reached, and they will meet again Friday to try to avert the risk in weeks of an…
Politics May 09 WATCH: McCarthy says he 'didn't see any new movement' on debt ceiling after meeting with Biden House Speaker Kevin McCarthy says after meeting with President Joe Biden and other Democrats that he "didn't see any new movement" toward ending a months-long impasse over raising the nation's borrowing limit.
Politics May 04 WATCH: White House holds news briefing as administration turns attention to AI risks The popularity of AI chatbot ChatGPT — even Biden has given it a try, White House officials said Thursday — has sparked a surge of commercial investment in AI tools that can write convincingly human-like text and churn out new…
Politics May 03 White House economists warns of recession as debt ceiling fight drags on In a new report, they detail potential job losses and stunted economic growth if lawmakers engage in "brinkmanship" before ultimately reaching a deal to meet the government's financial obligations.
Politics May 01 AP report: Biden calls on congressional leaders to meet on May 9 as debt ceiling fight continues President Joe Biden has phoned all four Congressional leaders and invited them to a May 9 meeting at the White House — a sign of the rising pressure to raise the debt cap as the Treasury Department is warning of…
Politics Apr 26 As Biden, McCarthy clash on a federal debt plan, what are the key differences? Staring down a fast-approaching deadline to raise the debt limit, they need to find some kind of common ground as they publicly jostle over the federal government's $31.4 trillion in debt.
Politics Apr 24 WATCH: Biden thanks Tennessee 3 for 'standing up for our kids' President Joe Biden on Monday welcomed to the Oval Office the three Tennessee lawmakers who faced expulsion for participating in gun control protests at their statehouse.
Politics Apr 24 WATCH: Biden and Education Secretary Cardona honor 2023 Teachers of the Year President Joe Biden honored the nation's best teachers Monday, saying they go above and beyond by providing food and supplies out of their own pockets and often find themselves “explaining the unexplainable, from banned books to duck-and-cover drills.”…