Debt ceiling talks pushed to brink as lawmakers set to leave for holiday weekend
has offered to freeze next year’s 2024 spending at current levels, but the Republican leader says that’s not enough., R-Calif.
Failure to raise the nation’s debt ceiling, now at $31 trillion, would risk a potentially chaotic federal default, almost certain to inflict economic turmoil at home and abroad. Anxious retirees and social service groups are among those already making default contingency plans.has promised lawmakers he will abide by the rule to post any bill for 72 hours before voting - now likely Tuesday or even Wednesday.
The Republicans may achieve their goal of of rolling back bolstered funding for the Internal Revenue Service if they agree to instead allow the, press secretary Karine Jean-Pierre blamed Republicans for risking a devastating default that would hit “every single part of the country” as they demand “extreme” spending cuts that would hurt millions of Americans.
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, Republicans push ahead in US debt ceiling talks By Reuters*REPUBLICAN HOUSE SPEAKER MCCARTHY SAYS STILL FAR APART ON DEBT TALKS *MCCARTHY: HAVE TOLD BIDEN WE WON'T RAISE TAXES 🇺🇸🇺🇸
Baca lebih lajut »
White House and Republicans still at odds over spending as debt ceiling talks continueAs the debt default deadline nears and negotiators remain at odds, CBS News' NikolenDC asks Speaker McCarthy what the 'off ramp' is. McCarthy says it's 'to solve the problem, to spend less than we spent last year. That's not that difficult.”
Baca lebih lajut »
White House says McCarthy 'beholden' to far-right Republicans on debt limit, source saysThe Biden administration is painting House Speaker Kevin McCarthy as talking out of both sides of his mouth amid the debt ceiling standoff.
Baca lebih lajut »
White House, Republicans plan to convene on US debt ceiling as deadline looms By Reuters*WHITE HOUSE, REPUBLICANS PLAN TO CONVENE ON U.S. DEBT CEILING AS DEADLINE LOOMS 🇺🇸🇺🇸
Baca lebih lajut »
House Republicans Plan to Unveil Deficit-Exploding Tax Cuts for the RichHouse Republicans are reportedly crafting a major tax cut package that would overwhelmingly benefit the rich and corporations while blowing a multitrillion-dollar hole in the federal deficit.
Baca lebih lajut »
E-Verify is a blot on House Republicans’ immigration packageThe House of Representatives on May 11 passed a hefty immigration package. It is being hailed by some conservatives as “the best immigration enforcement bill to ever pass a chamber of the U.S Congress.” However, the bill seeks to strengthen an old, flawed policy proposal.
Baca lebih lajut »