Apr 26 House Republicans pass U.S. debt bill, pushing Biden on spending By Lisa Mascaro, Associated Press House Republicans have passed a sweeping debt ceiling package as they try to push President Biden into negotiations on federal spending. It's the start of efforts to avoid a potentially catastrophic government debt default this summer. Continue reading
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 WATCH: House approves GOP debt ceiling plan By Lisa Mascaro, Kevin Freking, Associated Press House Republicans have passed a sweeping debt ceiling package as they try to push President Biden into negotiations on federal spending. 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 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 17 WATCH: Kevin McCarthy delivers speech after 100 days as House speaker By Lisa Mascaro, Associated Press When Rep. Kevin McCarthy emerged from a messy 15-ballot election and ascended to House speaker, he was emboldened rather than chastened by the fight, declaring that his father taught him early on in life: “It’s not how you start; it's how you finish.”… 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
Apr 05 Watch 9:13 How McCarthy’s meeting with president of Taiwan could impact U.S.-China relations By Nick Schifrin, Teresa Cebrian Aranda, Zeba Warsi, Dan Sagalyn For the first time, a Taiwanese president met a Speaker of the House on U.S. soil. Wednesday's meeting between President Tsai Ing-wen, Speaker Kevin McCarthy and more than a dozen lawmakers took place despite Beijing’s threats of a serious response. Continue watching