SCOOP: The Biden administration is in early, quiet discussions with key Senate offices about raising the debt ceiling in the lame-duck session of Congress.
The Biden administration is in early, quiet discussions with key Senate offices about raising the debt ceiling in the lame-duck session of Congress, Axios has learned.The preliminary conversations reveal two political near-certainties gripping Washington: Republicans are likely to win control of the House, and a potential Speaker Kevin McCarthy would use the debt ceiling to extract painful spending cuts from the White House — even if it threatens to crash the economy.
Sen. Jeanne Shaheen said Monday that she "absolutely" supports raising the debt ceiling in the lame duck or abolishing it entirely,"It's ridiculous that this has become a partisan issue based on who happens to be in the White House," Shaheen said. "I'd say it gets raised automatically."“No one working for the Biden administration has had such a conversation,” said White House spokesman Andrew Bates.
"There’s nothing — nothing — that will create more chaos, more inflation, more damage to the American economy than this," Biden said at a Democratic National Committee event Monday.But Biden is moving closer to the position that President Obama ultimately took with House Republicans on the debt ceiling: refusing to negotiate.
Jason Furman, a former chair of the Council of Economic Advisers for President Obama and a veteran of the 2011 and 2013 debt showdowns,— like funding the government — in a crowded and compressed calendar.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
White House reporter rails against Trump in new book: ‘Drove me to drink,’ ‘terrorized’ countryApril Ryan boasted that her role as a journalist was to protect democracy against Donald Trump and his allies, in her new book, 'Black Women Will Save the World.'
Baca lebih lajut »
Federal Judge Orders Fauci, White House to Testify on COVID-19 Big Tech CollusionDr. Anthony Fauci and other White House officials must testify under oath in a lawsuit alleging the Biden administration colluded with Facebook and Twitter to suppress free speech regarding COVID-19, a federal court ordered on Friday.
Baca lebih lajut »
White House Urges People over 50 to Get Boosters Right AwayAdults over 50, and particularly those over 65, should get omicron booster shots right away, the head of the White House COVID-19 task force said this week.
Baca lebih lajut »
Is the White House Haunted by Abraham Lincoln’s Ghost?The White House has purportedly been the site of many a spectral sighting, with numerous individuals claiming to have encountered the ghosts or presences of former presidents and first ladies.
Baca lebih lajut »
White House Groundskeeper Celebrated for 50 Years on the JobPresidents come and go, but White House grounds superintendent Dale Haney has been a constant through the past 10 presidencies.
Baca lebih lajut »
Economists rip White House for economic 'spin': 'Actively making the problem worse'Multiple economists ripped the White House on Monday after chief of staff Ron Klain posted a tweet downplaying negative economic news as 'noise.'
Baca lebih lajut »