Apr 26 As Biden, McCarthy clash on a federal debt plan, what are the key differences? By Josh Boak, Associated Press 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. Continue reading
Apr 26 McCarthy works to unite House GOP on debt ceiling bill in late-night changes By Lisa Mascaro, Kevin Freking, Associated Press House Republicans have made post-midnight changes to their sweeping debt ceiling package to win over holdouts. Continue reading
Apr 19 WATCH: House Speaker McCarthy calls for debt ceiling increase in exchange for budget cuts By Lisa Mascaro, Kevin Freking, Associated Press House Speaker Kevin McCarthy has unveiled a sweeping package that would raise the nation’s debt limit by $1.5 trillion into next year. Continue reading
Apr 19 WATCH: Biden blasts GOP ‘wacko notions’ amid debt limit standoff By Josh Boak, Seung Min Kim, Zeke Miller, Associated Press His remarks came as Speaker Kevin McCarthy, who has struggled to coalesce Republicans around a unified budget proposal, released a plan to raise the debt limit by $1.5 trillion in exchange for lifting the debt limit later this year. Continue reading
Apr 18 Watch 5:06 Congress remains far from an agreement as debt ceiling crisis looms By Geoff Bennett, Lisa Desjardins Tuesday is Tax Day, but we're still waiting to see how long the country has before it defaults on its own bills, more than $31 trillion worth. Congressional Correspondent Lisa Desjardins has the latest on how lawmakers plan on avoiding… Continue watching
Apr 18 McCarthy preps House GOP debt ceiling plan to draw Biden into talks By Lisa Mascaro, Kevin Freking, Associated Press House Speaker Kevin McCarthy worked furiously Tuesday to build support for a Republican plan that would demand strict limits to federal spending in return for agreeing to raise the nation's debt limit and stave off an unprecedented U.S. default. Continue reading
Apr 18 WATCH: White House holds briefing as House Speaker McCarthy proposes a debt ceiling plan By Lisa Mascaro, Kevin Freking, Associated Press House Speaker Kevin McCarthy worked furiously Tuesday to build support for a Republican plan that would demand strict limits to federal spending in return for agreeing to raise the nation's debt limit and stave off an unprecedented U.S. default. Continue reading
Apr 17 WATCH: House Speaker McCarthy promises to raise debt ceiling only with spending cuts By Lisa Mascaro, Associated Press In a high-profile speech at the New York Stock Exchange, McCarthy, the Republican leader who is marking his 100th day as speaker, said the nation’s debt load is a “ticking time bomb” and Biden is “missing in action” as the deadline… Continue reading
Mar 30 Watch 6:05 Debate over raising debt ceiling heats up on Capitol Hill By Amna Nawaz, Lisa Desjardins, Kyle Midura, Ali Schmitz A looming global financial crisis of Congress’s own making is still months away, but time is already running short on Capitol Hill. Congressional Correspondent Lisa Desjardins caught up with lawmakers before they left town for the long Easter break. Continue watching
Feb 23 Watch 4:27 New poll shows where Americans stand on debt ceiling debate, raising minimum wage By Lisa Desjardins, Ali Schmitz, Matt Loffman The nation, and lawmakers, are facing some critical moments on major issues, including how to act on the debt ceiling. Some new numbers in our PBS NewsHour/NPR/Marist poll give a sometimes glaring sense of where the public is on the… Continue watching