The Senate gave final approval late Thursday to a debt ceiling and budget cuts package before the fast-approaching government default deadline.
president joe biden
President Joe Biden fell on stage at the U.S. Air Force Academy graduation Thursday and the White House said he was “fine” after tripping over a sandbag.
A Republican measure overturning President Joe Biden’s student loan cancellation plan has passed the Senate and now awaits an expected veto
President Joe Biden marked Memorial Day with the traditional wreath-laying ceremony at Arlington National Cemetery.
Here’s a look at what’s in and what’s out of the agreement to avoid a U.S. government default.
President Joe Biden and House Speaker Kevin McCarthy reached an “agreement in principle” to raise the nation’s legal debt ceiling late Saturday as they raced to strike a deal to limit federal spending and avert a potentially disastrous U.S. default.
The government has announced a new June 5 default deadline, dragging the White House and Republicans toward another week of negotiations over cutting spending and raising the nation’s legal debt limit.
Lawmakers are not expected back at work until Tuesday, just two days from June 1, when Treasury Secretary Janet Yellen has said the U.S. could start running out of cash to pay its bills and face a federal default.
President Biden and House Speaker Kevin McCarthy both said they had a productive debt ceiling discussion late Monday at the White House, but there was no agreement as negotiators strained to raise the nation’s borrowing limit in time to avert a potentially chaotic federal default.
As President Biden seeks reelection,, just 33% of U.S. adults say they approve of his handling of the economy and only 24% say national economic conditions are in good shape, according to a new poll from The Associated Press-NORC Center for Public Affairs Research.