President Joe Biden lambasted Republicans’ emerging trade-off plans to raise the nation’s debt limit only in exchange for spending cuts and other policy concessions
By JOSH BOAK, SEUNG MIN KIM and ZEKE MILLER
This week’s split-screen presentations, which began with McCarthy delivering a speech on Wall Street, vividly displayed how Biden and the speaker are talking to two very different Americas. Commenting in kind, McCarthy said, “President Biden is skipping town to deliver a speech in Maryland rather than sitting down to address the debt ceiling.” He also insisted that House Republicans were the ones acting responsibly by insisting on reining in the federal government’s spending habits.
The California Republican argues excess government spending is driving up inflation, empowers China and threatens the future of Social Security and Medicare. Complicating things for McCarthy, he is facing pressure not to give ground from conservatives in his razor-thin House majority who earlier this year delayed his elevation to the speakership.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
McCarthy releases Republican bill to lift debt ceiling. It’s not clear it has the votes.House Speaker McCarthy outlines debt limit bill that he hopes to pass with Republican support, triggering a frantic push to gather the votes in his narrow majority.
Baca lebih lajut »
McCarthy proposes $4.5 trillion in cuts to student loans, SNAP, more - USA TODAYHouse Speaker Kevin McCarthy is proposing trillions in cuts as part of a debt limit plan. But as USA TODAY White House Correspondent joeygarrison explains, the proposal already has opposition from President Biden:
Baca lebih lajut »
McCarthy, GOP debt limit plan proposes $4.5 trillion in cuts, eliminates student loan forgivenessPresident Joe Biden drew laughs from the crowd when he — accidentally — made a dig at former President Donald Trump only serving one term.
Baca lebih lajut »
Ralph Yarl receives phone call from President Joe BidenIn a rare early response to a shooting victim, President Biden placed a call on Monday to Ralph Yarl, the 16-year-old Black youth shot in Kansas City after reportedly going to the wrong house.
Baca lebih lajut »
President Joe Biden signs executive order aimed at increasing access to child and home careThe executive order directs federal agencies to identify “which of their grant programs can support child care and long-term care for individuals working on federal projects, and consider requiring applicants seeking federal job-creating funds to expand access to care for their workers.'
Baca lebih lajut »
President Joe Biden expected to announce 2024 reelection campaign next weekThat's according to three people who have been briefed on the discussions and spoke to The Associated Press on the condition of anonymity to discuss internal deliberations.
Baca lebih lajut »