How the Debt Limit Drama Could Play Out
Even as President Biden and congressional leaders plan to meet next week to discuss the debt limit, the path out of the current stalemate remains...
Biden Invites McCarthy to Meet as Yellen Warns on Debt Ceiling Deadline
President Biden called House Speaker Kevin McCarthy and other congressional leaders on Monday to propose a meeting on May 9 to discuss the debt limit...
7 Takeaways From the House GOP’s Debt Ceiling Success
“We’ve done our job,” House Speaker Kevin McCarthy (R-CA) told reporters yesterday after 217 Republicans votes to pass legislation that would increase...
House Republicans Pass McCarthy’s Debt Limit Bill. Now What?
The House on Wednesday narrowly passed House Speaker Kevin McCarthy’s package to raise the debt limit into next year and cut trillions of dollars in...
McCarthy Races to Win Over GOP Holdouts on Debt Limit Bill
The House Rules Committee on Tuesday afternoon began consideration of the Republican package to raise the debt limit and slash federal spending, but...
McCarthy’s Massive Debt Limit Bet
House Speaker Kevin McCarthy (R-CA) and his leadership team are pushing toward a vote this week on their “Limit, Save, Grow Act,” which would raise...
Wall Street Getting Nervous About Possible Default
While Wall Street has been fairly blasé about the potential for a market-shaking default by the U.S. in the coming months if lawmakers are unable to...
McCarthy’s Big Test: Can He Get to 218?
Next week, Kevin McCarthy will face his biggest test since winning the speaker’s gavel. McCarthy and House Republicans want to vote soon on the 320...
McCarthy Triples Down on ‘Boehner Rule’ From Past Debt Limit Fights
The debt-limit fight now heating up between House Speaker Kevin McCarthy (R-CA) and President Joe Biden is reminiscent of battles fought 10 and 12...
House Centrists Offer Backup Plan on Debt Ceiling
With Speaker McCarthy and President Biden barreling toward each other in a high-risk game of chicken over the debt ceiling, a bipartisan group of self...