House Speaker McCarthy released a plan to raise the U.S. debt limit for a year, while scaling back federal spending. President Biden insists raising the debt ceiling should come without conditions.
WASHINGTON — House Speaker Kevin McCarthy unveiled a sweeping package Wednesday that would raise the nation’s debt limit by $1.5 trillion into next year while imposing a long list of Republican priori
Speaker Kevin McCarthy (R-CA) took to the House floor not to unveil the details of his debt ceiling bill but to plead with Biden and Schumer to negotiate with him.
House Speaker Kevin McCarthy (R-CA) released his debt ceiling bill on Wednesday, and a plethora of House Republicans are likely to vote against it for a perceived lack of spending cuts.
The legislation won praise from some of the far-right holdouts who tried to stop McCarthy from becoming speaker. He has just four Republican votes to spare before it collapses.
House Speaker Kevin McCarthy’s legislation to raise the federal debt limit by $1.5 trillion in exchange for $4.5 trillion in spending cuts is getting praise from at least one prominent nonpartisan budget watchdog.
House Speaker Kevin McCarthy (R-CA) says he "cannot imagine" members of the GOP House conference going along with President Joe Biden's "reckless spending" amid the ongoing debt ceiling negotiations.
House Speaker Kevin McCarthy said Sunday that Republicans will pass his proposal to raise the debt ceiling this week even amid resistance from some in the GOP that jeopardizes the legislation.
Speaker Kevin McCarthy said that the House will pass his $1.5 trillion debt-ceiling increase plan this week, but he dodged when asked if he has already secured the 218 Republican votes he needs.
WASHINGTON — Speaker Kevin McCarthy said that the House will pass his $1.5 trillion debt ceiling increase plan this week, but he dodged when asked if he has already secured the 218 Republican votes he
Sen. Amy Klobuchar believes President Joe Biden should sit down with House Speaker Kevin McCarthy and negotiate his proposed spending cuts, but she insisted those talks should be in relation to the federal budget -- not raising the debt limit.
Two top Democratic senators joined Sen. Joe Manchin over the weekend in calling for President Joe Biden to discuss the debt limit with House Speaker Kevin McCarthy.
House Speaker Kevin McCarthy will put his shaky control of the thin Republican majority on the line this week with a bid to pass a bill slashing spending that is designed to jam President Joe Biden over the looming government debt crisis.
Op-ed views and opinions expressed are solely those of the author. Recently House Speaker Kevin McCarthy (D, CA) proposed a solution that would increase the Public Debt […]
House Speaker Kevin McCarthy must keep his members together to approve the Republican version of a debt ceiling plan, a potentially significant win for the Californian Republican.
House Republican leaders are still struggling to get to 218 votes on their package to raise the national debt limit -- and are uncertain when they will be able to hold the vote, according to multiple GOP sources.
When House Speaker Kevin McCarthy (R-CA) released a 320-page bill to lift the debt limit in exchange for spending cuts last week, some of the most conservative members of his conference offered cautious praise of the legislation.
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Here are Biden, McCarthy's opposing plans on US debt | Since Then