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 “Kevin McCarthy”
China launched the Joint Sword drills on Saturday, a show of strength in response to Taiwan's President Tsai Ing-wen's visit to the US. The drills were smaller in scale than last August's live-fire military exercises, and are seen as a warning to Taiwan and the US. It remains to be seen how the US and Taiwan will respond to the drills, and whether China will continue to increase its military presence in the region.
China has imposed sanctions against the Ronald Reagan Presidential Library and other organizations in response to the meeting between the United States House Speaker and the Taiwanese President. This is the latest in a series of retaliatory measures taken by China in response to the United States’ support of Taiwan, and has further escalated tensions between the two countries. It remains to be seen how the United States will respond to China’s sanctions.
U.S. House Speaker Kevin McCarthy hosted Taiwanese President Tsai Ing-wen in a show of support for the self-ruled island, with a bi-partisan delegation of more than a dozen U.S. lawmakers in attendance. China has responded with threats of reprisals, but the U.S. has made it clear that it will not back down in its support for Taiwan's independence. The meeting is seen as a sign of the U.S.’s commitment to the island.
Key takeaways: Tsai Ing-wen and Kevin McCarthy are meeting in California at the Ronald Reagan Presidential Library. The meeting is being attended by a bipartisan…
House Speaker Kevin McCarthy is hosting a bipartisan meeting with Taiwanese President Tsai Ing-Wen in California on Wednesday, drawing condemnation from China and a vow of "resolute countermeasures". The meeting is seen as a show of support for the self-governing island, and both McCarthy and House Speaker Nancy Pelosi have expressed their desire to demonstrate support for Taiwan. Several Democratic and Republican lawmakers are expected to join the meeting, including GOP Rep. Mike Gallagher, in order to demonstrate American unity in support for the island.
Former President Donald Trump pleaded not guilty to 34 felony counts of falsifying business records in the first degree in a Manhattan court on Tuesday. In response, Trump urged Republicans in Congress to "defund" federal law enforcement, and House Speaker Kevin McCarthy accused Manhattan District Attorney Alvin Bragg of seeking to interfere in the elections. If convicted, Trump could face up to four years in prison, with the trial expected to begin in the fall.
Prominent Republicans, including House Majority Leader Steve Scalise, have denounced the indictment of former President Donald Trump by the Manhattan District Attorney as a politically motivated attack. House Speaker Kevin McCarthy has vowed to hold the DA accountable for his "unprecedented abuse of power" and the indictment has sparked a heated debate over the use of government power to target political opponents. Trump and his supporters maintain that the indictment is part of a "witch hunt" against him.