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.
Posts tagged as “Kevin McCarthy”
The House of Representatives is set to vote Wednesday night on a bill that would cut federal spending by more than $1 trillion and raise the debt ceiling through the 2024 presidential election. The bill is expected to pass with support from both Republicans and Democrats, although there is opposition from both sides of the political spectrum. If the bill passes, it will be the first time in history that the U.S. has avoided a government debt default. House Speaker Kevin McCarthy and House Minority Leader Hakeem Jeffries need both parties to pass the bill in order to lift the debt ceiling a few days before the U.S. is expected to run out of money to pay its bills. Majority of the left wing of the Democratic Party is likely to vote no, arguing that the bill does not address underlying issues of inequality and poverty.
The House Rules Committee has voted 7-6 to send the McCarthy-Biden deal to the floor, signaling support ahead of Wednesday's vote. The deal, which was negotiated by House Speaker Kevin McCarthy and President Joe Biden, has faced criticism from GOP hard-liners. Despite the criticism, the deal is expected to pass in the Republican-controlled House on Wednesday, and then move to the Senate for further scrutiny and debate.
House Speaker Kevin McCarthy is attempting to pass a debt ceiling plan to strengthen the GOP's negotiating power with President Biden. The plan has yet to be finalized and is facing opposition from both Republicans and Democrats. If it passes, it could open the door for further policy provisions in the future.
House Speaker Kevin McCarthy (R-Calif.) is facing criticism from members of the House Freedom Caucus over a budget deal he struck with President Joe Biden. Members of the group are considering using a motion to vacate the chair, which would allow any member of Congress to force a vote to remove the speaker, as a way to pressure McCarthy to allow members to amend the bill. Rep. Chip Roy (R-Texas) said Tuesday that "there's going to be a reckoning" about the deal, and Bishop suggested the motion is inescapable.
President Biden and House Speaker McCarthy have reached an agreement in principle on legislation to increase the national debt ceiling, which includes capping non-defense spending and providing medical care for veterans. The agreement has been met with mixed reactions from Congress and criticism from the public, who have noted the lack of specifics on the debt ceiling hike. The agreement is a step forward in avoiding a federal default, but it remains to be seen how the details of the bill will be received.
On Monday, President Joe Biden paid tribute to fallen U.S. troops at Arlington National Cemetery on Memorial Day, joined by House Speaker Kevin McCarthy. Biden acknowledged the pain of those who have lost loved ones and the ceremony concluded with a 21-gun salute and the playing of “Taps.” This was Biden's first visit to the cemetery since taking office and he is the fourth consecutive president to honor the fallen on Memorial Day.
President Joe Biden and House Speaker Kevin McCarthy have reached an agreement to suspend the debt ceiling and prevent the nation from defaulting on its debts, but the deal has been met with criticism from both sides of the aisle. Republicans argue that the deal does not include enough spending cuts, while Democrats are pushing for more spending. The White House and congressional leaders must now convince enough lawmakers in the narrowly divided House and Senate to pass the legislation in order to prevent the nation from defaulting on its debts.