Politics Jun 03 Many Democratic lawmakers frustrated by debt deal’s work requirements for food aid By Farnoush Amiri, Associated Press
Politics Jun 03 Watch 6:59 What’s next after the debt limit deal for Congress and the presidential race After hammering out a deal to suspend the U.S. debt limit and avert a default disaster, leaders in both parties are already looking ahead. Bloomberg congressional reporter Erik Wasson and The 19th’s founder and editor at large Errin Haines join… By Lisa Desjardins, Harry Zahn
Politics Jun 03 Biden signs bipartisan bill that suspends debt limit until 2025, cuts spending With just two days to spare, President Joe Biden signed legislation on Saturday that lifts the nation’s debt ceiling, averting an unprecedented default on the federal government’s debt. By Chris Megerian, Associated Press
Politics Jun 02 WATCH: Biden celebrates a ‘crisis averted’ in Oval Office address on debt ceiling deal Biden is set to sign it at the White House on Saturday with just two days to spare until the Treasury Department has warned the U.S. wouldn't be able to meet its obligations. By Chris Megerian, Associated Press
Politics Jun 01 WATCH: Senate approves bipartisan debt ceiling bill The result, after weeks of hard-fought budget negotiations, shelves the volatile debt ceiling issue that risked upending the U.S. and global economy until 2025 after the next presidential election. By Lisa Mascaro, Kevin Freking, Stephen Groves, Farnoush Amiri, Mary Clare Jalonick, Associated Press
May 31 House approves debt ceiling bill to avoid default, sends deal to Senate By Lisa Mascaro, Kevin Freking, Stephen Groves, Farnoush Amiri, Associated Press Despite deep disappointment from hard-right Republicans that budget cuts don't go far enough, it was approved on a bipartisan House vote with Democrats. The Senate is expected to act quickly by the end of the week. Continue reading
May 31 WATCH: McCarthy holds news conference on Fiscal Responsibility Act By Lisa Mascaro, Kevin Freking, Stephen Groves, Farnoush Amiri, Associated Press The hard-fought deal pleased few, but lawmakers assessed it was better than the alternative — a devastating economic upheaval if Congress failed to act. Continue reading
May 31 WATCH: House approves debt ceiling bill to avoid default By Lisa Mascaro, Kevin Freking, Stephen Groves, Farnoush Amiri, Associated Press The debt ceiling and budget cuts package is heading toward a crucial U.S. House vote. Continue reading
May 30 Facing GOP backlash, McCarthy works to shore up votes for debt deal in time to prevent U.S. default By Lisa Mascaro, Kevin Freking, Stephen Groves, Associated Press Hard-right conservatives are criticizing the deal, while liberals decry new work requirements for older Americans in the food aid program. 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