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Posts tagged as “Joe Biden’”

US Hits $34.1 Trillion Debt Ceiling, White House and House Republicans Negotiate Potential Solutions

The US has officially hit its $34.1 trillion debt ceiling and the government has begun "extraordinary measures" to pay bills. House Speaker Kevin McCarthy has accepted an invitation from President Biden to discuss a solution, while Senate Minority Leader Mitch McConnell has said the US "never has and never will" default on its debt. House Republicans have threatened to hold the Biden administration hostage over the debt limit, and the outcome of negotiations between the White House and House Republicans could have a significant impact on the financial security of American households.

Treasury Secretary Yellen Urges Congress to Act Quickly to Increase or Suspend Debt Limit to Avoid Default and Protect U.S. Economy

The U.S. government is set to reach its statutory debt limit on Thursday, prompting the Treasury Department to take “extraordinary measures” to pay the bills. Treasury Secretary Janet Yellen has warned that failure to meet the government’s obligations would cause irreparable harm to the U.S. economy, and it is now up to Congress to act in a timely manner to increase or suspend the debt limit in order to prevent default. The current debt limit showdown could define the tenure of the new GOP majority and the final two years of President Joe Biden’s term.

First Lady Jill Biden Undergoes Surgery to Remove Non-Cancerous Growth from Left Eyelid

First Lady Jill Biden underwent surgery last week to remove a non-cancerous growth from her left eyelid, as well as two cancerous lesions from her right eye and chest. President Joe Biden is not expected to launch a 2024 campaign before delivering his State of the Union Address next month, and the Biden administration is preparing to release new childhood obesity guidelines to help reduce the prevalence of obesity in children.

Justice Department Takes Hard Stance on Mishandling of Classified Documents, Appoints Special Counsel for Biden and Trump Investigations

The Justice Department is taking a hard stance on the mishandling of classified documents, appointing special counsels to investigate both President Joe Biden and former President Donald Trump. Senate Minority Leader Mitch McConnell (R-Ky.) believes that both should be treated “exactly the same way” and that Garland “probably did the right thing by having two special counsels.” Trump is also facing a special counsel for multiple investigations, and it remains to be seen how the Justice Department will handle the investigations.

White House Offers Detailed Explanation for Releasing Incomplete Information on Classified Documents Located in President Biden’s Private Office and Home

The White House has offered an explanation for why it has released incomplete information about classified documents located in President Joe Biden's private office and home. Ian Sams, a spokesman for the White House Counsel's Office, said the tension between protecting and safeguarding the integrity of an ongoing investigation and providing information publicly is being managed by the White House. The documents date back to Biden's vice presidency and the White House has said they are not related to any current White House business, but no further information is available due to the ongoing investigation.