House Speaker Kevin McCarthy (R-Calif.) has announced that House Republicans will vote on their own debt ceiling bill to empower the U.S. to meet its obligations until 2024. The bill would save taxpayers trillions of dollars, make the U.S. less dependent upon China, and curb high inflation, but President Joe Biden has refused to negotiate policy conditions for extending the debt limit. McCarthy has criticized the President for not being “sensible” and finding an agreement, and it remains to be seen what the outcome of the vote will be and how it will affect the U.S. economy.
Posts tagged as “Biden’s Budget”
President Joe Biden is visiting Northern Ireland to mark the 25th anniversary of the Good Friday Agreement, a 1998 peace deal brokered by the United States that ended decades of violence between Nationalists and Unionists. Biden's speech to students is a reminder of the progress made in Northern Ireland since the Good Friday Agreement and a call for continued peace, despite the current political turmoil and Brexit trade dispute.
Judge Juan Merchan, who presided over former President Donald Trump's arraignment and the recent criminal tax fraud trial involving the Trump Organization, has donated $35 to Democratic political campaigns in 2020, including $15 to President Joe Biden's campaign. This has sparked debate over the propriety of a judge making political contributions while presiding over a case involving a political figure, and has raised questions about the impartiality of the judicial system.
President Joe Biden has designated the Avi Kwa Ame National Monument in Southern Nevada as a national monument, protecting 506,000 acres of Nevada's Spirit Mountain and the surrounding desert. This is a major victory for the Fort Mojave Indian Tribe, who have been advocating for the site for three decades, and is part of Biden's larger effort to protect the environment. The monument is one of the largest tracts of land to come under federal protection so far during Biden's presidency.
House Republicans have proposed a plan to tackle the debt ceiling and roll back President Joe Biden's Inflation Reduction Act, which has been met with criticism from both sides of the aisle. The proposal, which is unlikely to become law, includes cutting student debt relief, Covid-19 funds, climate change funding, and capping discretionary spending. White House Press Secretary Jen Psaki has said the proposal "would be a major step backward for the American people and our economy."