Key takeaways: The agreement suspends the debt limit until 2025 and restricts government spending. The agreement will allow the government to borrow more money to…
Posts tagged as “Biden White House”
President Joe Biden took a tumble at the U.S. Air Force Academy's commencement ceremony in Colorado on Thursday, but was helped to his feet by two Secret Service agents and an Air Force official. The incident was met with cheers from the crowd, and Biden is expected to make a full recovery with no further comment from the White House.
Senate Majority Leader Chuck Schumer has vowed to pass the bill to suspend the debt ceiling and limit government spending as soon as possible to avoid a U.S. default. Senate Minority Whip John Thune has cautioned that final passage of the bill could come Friday, depending on the agreement of amendment votes. The Senate needs to pass the bill before Monday to prevent a catastrophic economic crisis.
Former New Mexico Republican candidate Solomon Peña has been indicted on federal charges in connection with a series of drive-by shootings at the homes of four Democratic officials in December 2022 and January 2021. The indictment alleges that Peña and his two accomplices conspired to intimidate and interfere with the election process and used firearms in the commission of the crimes. If convicted, Peña and his two accomplices could face up to 20 years in prison.
Congress is close to passing a bill to raise the debt limit and avoid a U.S. default, but 2024 Republican presidential hopefuls are expressing their disapproval of the deal. Former President Donald Trump and Florida Gov. Ron DeSantis have called it a “horrible deal” and “will only add to our already unsustainable debt” respectively. Other hopefuls, such as Nikki Haley and Mike Pompeo, have also voiced their concerns about the country’s debt and spending.
John Boehner, former House Speaker, praised current Speaker Kevin McCarthy for his handling of negotiations to raise the debt ceiling and trim the federal budget deficit. The bill passed the House with broad bipartisan support, and is expected to be taken up by the Senate in the coming days. If passed, it would be the first major legislative achievement of the Biden administration.
Texas Governor Greg Abbott has appointed John Scott as the interim Attorney General following the impeachment of Ken Paxton by the Republican-controlled House of Representatives. Scott is a former Texas Secretary of State and Deputy Attorney General, and Abbott praised his decades of experience and expertise in litigation. The Senate will have the final say on whether or not Paxton is removed from office, but it is unclear when they will take up the issue.
Mike Pence is set to launch his 2024 presidential campaign next week in Des Moines, Iowa, with a speech and campaign video. He had previously told CBS News that anyone serious about seeking the Republican nomination would need to enter the contest by June, and believes there is room for his brand of "traditional conservatism" in the party. Donald Trump has remained largely silent on the debt ceiling, leaving Pence to make his voice heard.