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.
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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.
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.
Former President Donald Trump has welcomed Florida Governor Ron DeSantis to the Republican presidential race with a series of posts on his social media channels, including a video mocking DeSantis' entry via a glitchy Twitter event hosted by Elon Musk and a video attacking DeSantis as an ingrate. Trump's posts have been met with enthusiasm from his allies, and are seen as a sign of his continued influence in the Republican Party.
Florida Governor Ron DeSantis has announced his bid for the Republican nomination for the 2024 presidential election, in an event hosted by Twitter's owner Elon Musk. The event was plagued by technical glitches, but DeSantis was able to highlight his go-to talking points. His entrance into the race sets up a direct confrontation with former President Donald Trump, who has regained his status as the leader of the Republican Party.
House Republicans and the White House are in negotiations to raise the debt ceiling, but remain far apart in their discussions. House Speaker Kevin McCarthy is optimistic that a deal can be reached before the June 1 deadline, when Treasury Secretary Janet Yellen has said the nation will run out of money to pay its bills. Negotiators Steve Ricchetti, Shalanda Young and Louisa Terrell met with McCarthy Tuesday morning to resume talks, but Republican Rep. Garret Graves said the two sides are still far apart.
Sen. Tim Scott of South Carolina announced his candidacy for the Republican nomination for president in 2024, criticizing the "radical left" and President Biden in a roughly 40-minute speech. Scott joins a rapidly expanding field of contenders looking to unseat former President Donald Trump, emphasizing his personal background and his family's experience with poverty and success. His candidacy comes as the Republican Party is in the midst of a heated debate over its future direction, and Scott is sure to be a strong contender in the 2024 presidential race.
Key takeaways: Heather Boyd won a seat in the Pennsylvania House of Representatives, giving the Democrats a one-seat majority in the House. The Democrats will…