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Posts tagged as “Beau Biden”

Biden Takes Aim at House Republicans in Effort to Avoid Debt Default

The White House is taking action to avoid a catastrophic default on the nation's debt by targeting House Speaker Kevin McCarthy and other GOP House members in competitive districts. They are hoping to pass a bill that will benefit veterans and the economy, but it remains to be seen if the President's strategy will be successful. The proposed bill is a $2 trillion infrastructure plan funded by raising the corporate tax rate from 21% to 28%, while Republicans have proposed a $568 billion counteroffer.

Treasury Secretary Janet Yellen Warns of “Calamity” if US Fails to Raise Debt Ceiling

Treasury Secretary Janet Yellen warned of an economic "calamity" if Congress does not raise the nation's borrowing limit, adding urgency to a meeting between President Joe Biden and congressional leaders. Yellen said a default could cause a "severe" economic downturn with a "ripple effect" felt around the world, and that the government would have to choose between paying Social Security benefits, military salaries, or interest on the debt.

First Lady Jill Biden and Granddaughter Finnegan Represent the United States at Historic Coronation of King Charles III and Queen Camilla

The Bidens attended the coronation and a special reception for heads of state, where they met with Kate Middleton. Mrs. Biden described the experience as “really surreal” and the couple’s union as a historic moment in British history, as Charles III is the first reigning monarch to marry a commoner.

Dr. Rochelle Walensky Resigns as Director of the Centers for Disease Control and Prevention, Signaling Transition to a New Normal

Dr. Rochelle Walensky, the director of the Centers for Disease Control and Prevention (CDC), has announced her resignation, effective June 30. President Biden praised her work, saying she has saved lives with her focus on the health of every American. Walensky has been a key figure in the administration's pandemic response, helping to reduce the number of COVID-19 cases and deaths in the United States. It is unclear who will take over the role and what the future of the agency will be.

Jill Biden to Make History by Becoming First U.S. First Lady to Attend Coronation of British Monarch

Jill Biden is set to make history this Saturday by becoming the first U.S. first lady to attend the coronation of a British monarch. She is engaging in some soft diplomacy while in London and is traveling with her granddaughter Finnegan Biden for the coronation of King Charles II. This Saturday marks a historic moment for the United States, as Mrs. Biden becomes the first U.S. first lady to attend the coronation of a British monarch.

Sen. Feinstein Defends Absence from Senate, Points to GOP for Blocking Judicial Nominees

Sen. Dianne Feinstein (D-Calif.) has defended her absence from the Senate due to shingles, stating that there has been no slowdown in confirming President Joe Biden's judicial nominees. She has blamed Republicans for blocking a few nominees from moving forward in the Senate judiciary committee, and expressed confidence that when she returns, the remaining qualified nominees will be able to move quickly to the Senate floor for a vote. Despite her absence, the Senate has confirmed over 100 judicial nominees since Biden took office in January.

Biden to Meet with Congressional Leaders to Avert Potential U.S. Debt Default and Protect Small Business Owners

The U.S. is facing a potential default on its debt for the first time in history, with economists warning of dire consequences. Small business owners are particularly vulnerable, and President Biden is set to meet with congressional leaders to try and reach a deal to prevent a default. It is hoped that this meeting will result in an agreement that will prevent the U.S. from defaulting on its debt.

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