Biden and McCarthy to Discuss Debt Limit as a Possible Default Looms
Posted inBiden, Joseph R Jr Democratic Party Federal Budget (US) Jeffries, Hakeem McCarthy, Kevin (1965- ) McConnell, Mitch National Debt (US) Republican Party Schumer, Charles E United States Economy United States Politics and Government

Biden and McCarthy to Discuss Debt Limit as a Possible Default Looms

The president will host the House speaker and other congressional leaders at the White House on Tuesday to discuss their impasse over the debt ceiling and spending cuts.
Biden Will Release Dead-on-Arrival Budget, Picking Fight With GOP
Posted inBiden, Joseph R Jr Congressional Budget Office Federal Budget (US) Federal Reserve System House of Representatives McCarthy, Kevin (1965- ) McConnell, Mitch National Debt (US) Powell, Jerome H Republican Party United States Economy United States Politics and Government

Biden Will Release Dead-on-Arrival Budget, Picking Fight With GOP

The president’s plans have little in common with the budget Republicans are set to release this spring, as the nation hurtles toward a possible default on its debt.
Biden Caps Two Years of Action on the Economy, With New Challenges Ahead
Posted inBiden, Joseph R Jr Deese, Brian C (1978- ) Dunn, Anita Factories and Manufacturing House of Representatives Inflation Reduction Act of 2022 Infrastructure (Public Works) Landrieu, Mitch McConnell, Mitch National Economic Council (US) Republican Party United States Economy United States Politics and Government White House Council of Economic Advisers

Biden Caps Two Years of Action on the Economy, With New Challenges Ahead

The president used a slim congressional majority to enact legislation that could reshape the American economy — if his administration can make the laws succeed.
Debt Limit Showdown Looms as White House Braces for a Divided Washington
Posted inBiden, Joseph R Jr McCarthy, Kevin (1965- ) McConnell, Mitch Medicare Midterm Elections (2022) National Debt (US) Social Security (US) Treasury Department United States Economy United States Politics and Government

Debt Limit Showdown Looms as White House Braces for a Divided Washington

G.O.P. threats to leverage the full faith and credit of the United States to force spending cuts have raised alarm about a debt showdown next year — and talks about how to head one off in the coming weeks.