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By 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.
By Chris Megerian, Josh Boak, Zeke Miller, Mary Clare Jalonick, 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.”…
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.
President Joe Biden and House Speaker Kevin McCarthy met Monday after a weekend of on again, off again negotiations over raising the nation's debt ceiling and mere days before the government could run out of cash to pay its bills.
By Lisa Mascaro, Mary Clare Jalonick, Associated Press
By Lisa Mascaro, Stephen Groves, Zeke Miller, Associated Press
Biden and McCarthy both said they had a productive debt ceiling discussion late Monday at the White House, but there was no agreement.
It's a crucial moment for the Democratic president and the Republican speaker, just 10 days before a looming deadline to raise the debt limit.
Washington is racing to strike a budget compromise and raise the nation’s borrowing limit in time to avert a potentially devastating federal default as soon as next week.
By Stephen Groves, Zeke Miller, Josh Boak, Associated Press
Debt ceiling talks between the White House and House Republicans resumed Sunday at the Capitol as Washington races to strike a budget compromise along with a deal to raise the nation's borrowing limit and avert an economy-wrecking federal default.
In our news wrap Sunday, as Biden returns to the U.S. from the G7 summit in Japan, House Speaker McCarthy agreed to meet with the president on Monday to continue debt limit negotiations, Russia claims its forces have taken the…
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