The Hill's Mychael Schnell previews today's House vote today on the compromise bill to raise the debt ceiling and American Enterprise Institute's Philip Wallach discusses his book "Why Congress."
House Minority Leader Hakeem Jeffries (D-NY) helds a news conference with other House Democratic leaders on the debt limit and federal spending bill, which was recently negotiated between House Republican leadership and the White House.
The House Rules Committee considered H.R. 3746, the debt limit-federal spending bill, which was negotiated between House Republican leadership and the White House. In this portion, the committee's members spoke about their reasons for supporting or opposing the legislation, and other U.S. House members testified on the bill's contents and offered amendments. The legislation was negotiated days before the U.S. reached its federal debt limit, which could have resulted in a default.
The House will consider and vote on legislation to increase the nation's debt limit until January 2025 ahead of the June 5th deadline and set caps on discretionary federal spending levels. President Biden and Speaker McCarthy finalized the deal on Sunday.
The House began debate on the deal struck between President Biden and Speaker McCarthy to raise the debt limit for two years and cap non-defense federal spending.
Reps. Garret Graves (R-LA) and Patrick McHenry (R-NC) spoke to reporters about the deal struck between President Biden and House Speaker Kevin McCarthy (R-CA) to raise the nation's debt limit. Rep. Graves said the White House had "tire tracks" on it following the negotiations, and both said the deal represented a big win for House Republicans looking to cut federal spending. Both men also detailed some of the twists and turns of their negotiations with the White House, which had stretched on for weeks.
President Biden met with leaders of his federal emergency preparedness and response team to receive his annual briefing on extreme weather. President Biden announced 32,000 projects are funded or on the way as he discussed a variety of topics including water conservation, wildfires, and hurricane preparedness. In addition, he briefly discussed the debt ceiling, saying "I think things are going as planned, God willing."
"House Republicans need to keep their commitment to produce 150 votes," said House Minority Leader Hakeem Jeffries (D-NY) when asked if Democrats would help the Republican-majority in the House pass a debt limit deal brokered by House Speaker McCarthy (R-CA) and President Biden. The news conference took place ahead of an expected vote later that day. Both House progressives and some conservatives have threatened to oppose the bill.
Senate Minority Leader Mitch McConnell (R-KY) spoke about the debt ceiling deal to reporters on Capitol Hill saying he anticipates, "the bill passing and coming over to us." He also applauded House Speaker Kevin McCarthy (R-CA) for his work on the negotiations saying the speaker, "should be congratulated on capturing a number of priorities." Leader McConnell was joined by Senate Republican leadership who touched on several other topics including energy investment and student loan forgiveness.
The House will consider and vote on legislation to increase the nation's debt limit until January 2025 ahead of the June 5th deadline and set caps on discretionary federal spending levels. President Biden and Speaker McCarthy finalized the deal on Sunday.
Speaker McCarthy (R-CA) and other House Republicans hold a news conference after the House passes the Fiscal Responsibility Act--a bill negotiated by the Republicans and the White House that raises the debt ceiling and limits discretionary spending.
The House debated legislation to increase the nation's debt limit until January 2025 ahead of the June 5th deadline and set caps on discretionary federal spending levels.
Speaker Kevin McCarthy (R-CA) and other House Republican leaders held a news conference after the House passed the Fiscal Responsibility Act of 2023 by a vote of 314-117. The speaker said, "Tonight, we all made history, because this is the biggest cut and savings this Congress has ever voted for." The bill raises the debt ceiling and limits discretionary spending for fiscal years 2024-25; it was negotiated by House Republican leadership and the Biden administration just days before the U.S. was at risk of defaulting on its debt.
White House Press Secretary Karine Jean-Pierre and National Security Council Communications Coordinator John Kirby held a briefing on the Biden administration's agenda. Most of the questions to Mr. Kirby focused on the administration's foreign policy, including its support for Ukraine in its ongoing war against Russia. Ms. Jean-Pierre mostly fielded questions on the deal struck with House Republicans to raise the nation's debt limit, and also answered queries on the White House's post-COVID rules for journalists covering events with President Biden.
Speaker Kevin McCarthy (R-CA) and other House Republican leaders held a news conference after the House passed the Fiscal Responsibility Act of 2023 by a vote of 314-117. The speaker said, "Tonight, we all made history, because this is the biggest cut and savings this Congress has ever voted for." The bill raises the debt ceiling and limits discretionary spending for fiscal years 2024-25; it was negotiated by House Republican leadership and the Biden administration just days before the U.S. was at risk of defaulting on its debt.
The House debated legislation to increase the nation's debt limit until January 2025 ahead of the June 5th deadline and set caps on discretionary federal spending levels.
Speaker Kevin McCarthy (R-CA) and other House Republican leaders held a news conference after the House passed the Fiscal Responsibility Act of 2023 by a vote of 314-117. The speaker said, "Tonight, we all made history, because this is the biggest cut and savings this Congress has ever voted for." The bill raises the debt ceiling and limits discretionary spending for fiscal years 2024-25; it was negotiated by House Republican leadership and the Biden administration just days before the U.S. was at risk of defaulting on its debt.
White House Press Secretary Karine Jean-Pierre and National Security Council Communications Coordinator John Kirby held a briefing on the Biden administration's agenda. Most of the questions to Mr. Kirby focused on the administration's foreign policy, including its support for Ukraine in its ongoing war against Russia. Ms. Jean-Pierre mostly fielded questions on the deal struck with House Republicans to raise the nation's debt limit, and also answered queries on the White House's post-COVID rules for journalists covering events with President Biden.
Speaker Kevin McCarthy (R-CA) and other House Republican leaders held a news conference after the House passed the Fiscal Responsibility Act of 2023 by a vote of 314-117. The speaker said, "Tonight, we all made history, because this is the biggest cut and savings this Congress has ever voted for." The bill raises the debt ceiling and limits discretionary spending for fiscal years 2024-25; it was negotiated by House Republican leadership and the Biden administration just days before the U.S. was at risk of defaulting on its debt.
