May 30 WATCH: White House holds briefing after Russia says drones lightly damaged Moscow buildings By Susie Blann, Joanna Kozlowska, Associated Press The Russian Defense Ministry said five drones were shot down in Moscow and the systems of three others were jammed, causing them to veer off course. President Vladimir Putin called it a “terrorist” act by Kyiv. Continue reading
May 29 4 takeaways from Biden and McCarthy’s tentative debt ceiling deal By Mary Clare Jalonick, Seung Min Kim, Associated Press After weeks of negotiations, President Joe Biden and House Speaker Kevin McCarthy have struck an agreement to avert a potentially devastating government default. Continue reading
May 28 Watch 7:26 What we know about Biden and McCarthy’s tentative deal to raise the debt limit By John Yang, Lisa Desjardins, Harry Zahn The White House and Congressional Republicans have reached an agreement in principle to raise the debt ceiling and limit new spending. The deal will avert a potentially calamitous federal default if Congress passes it by June 5. Congressional correspondent Lisa… Continue watching
May 28 What’s in and what’s out of the debt ceiling deal between Biden and McCarthy By Kevin Freking, Associated Press President Joe Biden and House Speaker Kevin McCarthy have reached an agreement in principle on legislation to increase the nation’s borrowing authority and avoid a federal default. A look at what’s in and out of the deal, based on what’s known so far. Continue reading
May 27 Watch 2:38 News Wrap: Democrats, Republicans narrow in on debt limit deal In our news wrap Saturday, House Republicans and the White House signaled that a deal to raise the debt limit is within reach, the Texas House of Representatives impeached the state’s Attorney General Ken Paxton, Vice President Kamala Harris became… Continue watching
May 27 GOP negotiators are ‘closer to an agreement’ on debt limit, but no deal yet, McCarthy says By Mary Clare Jalonick, Associated Press House Speaker Kevin McCarthy said Saturday that Republican negotiators were “closer to an agreement” that would resolve the looming debt crisis, but had not reached a deal with President Joe Biden. Continue reading
May 26 Yellen says debt ceiling deadline is extended to June 5 By Lisa Mascaro, Seung Min Kim, Kevin Freking, Associated Press House Speaker Kevin McCarthy and debt ceiling negotiators have hit "crunch" time as they strain to make a deal with the White House to raise the nation's debt limit, avert default and cut federal spending. Continue reading
May 26 Deadline looming, Biden and McCarthy narrow in on budget deal to lift debt ceiling By Chris Megerian, Josh Boak, Zeke Miller, Mary Clare Jalonick, Associated Press Days from a deadline, President Joe Biden and House Speaker Kevin McCarthy are narrowing in on a two-year budget deal that could unlock a vote for lifting the nation’s debt ceiling. Continue reading
May 24 WATCH: White House holds briefing as ongoing debt ceiling negotiations continue By Lisa Mascaro, Stephen Groves, Seung Min Kim, Associated Press Jean-Pierre decried what the administration called a “manufactured crisis” set in motion by Republicans pushing “extreme proposals” that would hurt "every single part of the country, whether you’re in a red state or a blue state.”… Continue reading
May 24 WATCH: McCarthy says sides are ‘far apart’ as he sends negotiators to finish debt limit talks By Lisa Mascaro, Stephen Groves, Seung Min Kim, Associated Press Defiant, the speaker said “it's not my fault" that Washington was careening toward a crisis, pushing blame onto the White House. Continue reading