Jun 03 Biden signs bipartisan bill that suspends debt limit until 2025, cuts spending By Chris Megerian, Associated Press 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. Continue reading
Jun 02 WATCH: Biden celebrates a ‘crisis averted’ in Oval Office address on debt ceiling deal By Chris Megerian, Associated Press 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. Continue reading
Jun 01 Senate votes to avoid a default, sends debt ceiling bill to Biden By Lisa Mascaro, Kevin Freking, Stephen Groves, Farnoush Amiri, Mary Clare Jalonick, Associated Press The compromise package negotiated between Biden and House Speaker Kevin McCarthy leaves neither Republicans nor Democrats fully pleased with the outcome. Continue reading
Jun 01 Senate passes GOP bill overturning student loan cancellation, Biden expected to veto By Collin Binkley, Associated Press The Supreme Court heard arguments in February in a challenge to Biden's move, with the conservative majority seemingly ready to sink the plan. A decision is expected in the coming weeks. Continue reading
Jun 01 New DACA program to be heard before Texas judge who previously ruled it illegal By Juan A. Lozano, Associated Press A revised version of a federal policy that prevents the deportation of hundreds of thousands of immigrants brought to the U.S. as children is scheduled to be debated before a federal judge in Houston who previously ruled the program illegal. Continue reading
Jun 01 WATCH: Biden delivers the United States Air Force Academy commencement address By Darlene Superville, Associated Press President Joe Biden on Thursday thanked U.S. Air Force Academy graduates for choosing “service over self” but said they now have the “great privilege” of leading in a world that will only get more confusing in the years to come. Continue reading
May 31 Watch 5:48 Deal to raise debt ceiling and curb spending faces crucial votes in Congress By Geoff Bennett, Lisa Desjardins, Kyle Midura The U.S. House is set to vote on the debt ceiling deal Wednesday night after Republicans got some help from Democrats to pass a crucial hurdle. The vote follows weeks of heated negotiations and criticism from the right and the… Continue watching
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 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