The bipartisan compromise between President Joe Biden and House Speaker Kevin McCarthy passed with only 17 Republicans voting yes.
By Josh Israel - June 02, 2023
The bill now moves to the Senate, where speedy action will be required before a potential U.S. default.
By Josh Israel - June 01, 2023
The House speaker said President Biden 'walled off' potential cuts to the programs during debt ceiling negotiations.
By Emily Singer - June 01, 2023
A default by the U.S. government on its debts could affect 6 million jobs and trigger global economic chaos, but President Joe Biden has struck a compromise with House Speaker Kevin McCarthy to prevent that.
By Oliver Willis - May 31, 2023
The Florida Republican voted to suspend the debt ceiling and boost federal spending in 2018 under President Donald Trump.
By Emily Singer - May 30, 2023
Rep. Mike Levin says Republicans have been holding the economy hostage in order to slash vital programs.
By TAI Contributor - May 30, 2023
After repeatedly voting against border security funding, Republicans are pushing debt ceiling legislation that would likely slash existing funding by 22%.
By Josh Israel - May 25, 2023
But so far zero have joined the Democrats' effort to make that happen.
By Josh Israel - May 25, 2023
The California Republican blamed Democrats for two bills he helped pass as House majority leader.
By Josh Israel - May 23, 2023Except where otherwise noted, content on this site is licensed under a Creative Commons Attribution 4.0 International License .