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
May 27 GOP negotiators are ‘closer to an agreement’ on debt limit, but no deal yet, McCarthy says By Mary Clare Jalonick, Associated Press House Speaker Kevin McCarthy said Saturday that Republican negotiators were “closer to an agreement” that would resolve the looming debt crisis, but had not reached a deal with President Joe Biden. Continue reading
May 26 Deadline looming, Biden and McCarthy narrow in on budget deal to lift debt ceiling By Chris Megerian, Josh Boak, Zeke Miller, 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. Continue reading
May 24 WATCH: White House holds briefing as ongoing debt ceiling negotiations continue By Lisa Mascaro, Stephen Groves, Seung Min Kim, 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.”… Continue reading
May 24 WATCH: McCarthy says sides are ‘far apart’ as he sends negotiators to finish debt limit talks 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. Continue reading
May 23 What are the hangups in the ongoing debt ceiling negotiations? By Lisa Mascaro, Mary Clare Jalonick, Associated Press 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. Continue reading
May 23 WATCH: White House holds briefing after Biden and McCarthy call debt ceiling talks ‘productive’ 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. Continue reading
May 22 No agreement yet on debt ceiling, but McCarthy say he’s optimistic after meeting By Lisa Mascaro, Stephen Groves, Zeke Miller, Associated Press 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. Continue reading
May 22 Biden, McCarthy to discuss debt limit as deadline to avoid default looms By Lisa Mascaro, Stephen Groves, Zeke Miller, Associated Press 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. Continue reading
May 21 Debt limit negotiations resume as McCarthy, Biden plan for pivotal meeting Monday 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. Continue reading