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Jun 01 2023
News
BREAKING: Senate votes to approve debt ceiling bill
We’re independent and can’t be cancelled. The establishment media is increasingly dedicated to divisive cancel culture, corporate wokeism, and political correctness, all while covering up corruption from the corridors of power. The need for fact-based journalism and thoughtful analysis has never been greater. When you support The Post Millennial, you support freedom of the press at a time when
The Post Millennial
May 30 2023
News
Environmentalists are livid over tentative debt-ceiling deal
This story was originally published by the Guardian and is reproduced here as part of the Climate Desk collaboration. The deal to raise the US debt ceiling will have significant ramifications for the climate and nature, by fast-tracking a controversial gas pipeline in West Virginia and limiting the scope of environmental reviews for future developments, environmentalists have warned. The
Mother Jones
May 30 2023
News
Debt ceiling deal faces crucial test this week
WASHINGTON — President Joe Biden says he “feels good” about the debt ceiling and budget deal negotiated with House Speaker Kevin McCarthy as the White House and congressional leaders work to ensure its passage this week in time to lift the nation’s borrowing limit and prevent a disastrous U.S. default. Biden spent part of the Memorial Day holiday working the phones, calling lawmakers in both
Bangor Daily News
May 30 2023
News
What's in US debt ceiling deal and who won?
President Joe Biden has urged Congress to pass a deal to raise the government's borrowing limit and prevent a potentially catastrophic default on US debt repayments. So what is in the deal and which party is happier with it?
Negotiators from Democratic and Republican parties finalised an agreement on Sunday.
If approved, it would allow the federal government to borrow money until
BBC News
May 29 2023
News
Republicans and Biden wrangle votes for debt ceiling deal
Congressional Republicans on Monday were pushing right-wing lawmakers to get behind a compromise to raise the debt ceiling in exchange for spending restrictions — as the White House wrangled progressives. House Speaker Kevin McCarthy’s vote counters were making calls on the Memorial Day holiday to stem defections from GOP conservatives who wanted far more cuts and a much smaller increase in
New York Daily News
May 30 2023
News
House Freedom Caucus neutered by debt ceiling deal
As structured, the deal mostly holds all discretionary funding “roughly flat,” the White House says, for the next two years. That includes all the stuff that’s subject to appropriations bills, as opposed to mandatory spending for Social Security, Medicare, and Medicaid. It does increase funding for defense and veterans’ care, giving the White House what Biden asked for on defense spending in
Daily Kos
May 28 2023
News
What Republicans Are Saying About the Debt Ceiling Deal
Following Saturday evening's announcement that a tentative deal had been reached between Republican lawmakers and President Joe Biden, a series of calls were held among House GOP Conference members while additional information on what will constitute the final bill was released. According to a one-pager circulated to Republican lawmakers, the "Fiscal Responsibility Act" will raise the debt
Townhall
May 27 2023
News
Debt ceiling tentative deal is reached, McCarthy says
House Speaker Kevin McCarthy confirmed Saturday that the White House and Republicans have reached a tentative deal on the debt ceiling. "I just got off the phone with the president a bit ago. After he wasted time and refused to negotiate for months, we've come to an agreement in principle that is worthy of the American people," McCarthy said. McCarthy is expected to give remarks at 9:30 p.m.
ABC News (Online)
May 30 2023
Analysis
The clock ticks on the debt limit: Lessons from America's last debt ceiling crisis
The U.S. debt limit clock is ticking.
A political stand-off in Washington on the U.S. debt limit is pushing the country perilously close to default.
In 2011, the country came within 72 hours of that happening.
Today, On Point: What’s the path forward? We hear lessons from America's last debt ceiling crisis.
Claudia Grisales: "Where they started, they were really far
WBUR