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."
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President Joe Biden has released his third budget proposal, which includes an increase in the Pentagon budget and funding for crime prevention. The White House believes that crime prevention should be a bipartisan effort, and the budget proposal will give insight into how the President plans to address the national debt and the unsustainable path of Medicare and Social Security. Director of the Office of Management and Budget, Shalanda Young, said that President Biden is sensitive to the size of the national debt and is looking for areas of agreement between the White House and congressional Republicans.
House Speaker Kevin McCarthy (R-CA) has come under fire from both Democrats and Republican Senate leaders for granting Fox News' Tucker Carlson exclusive access to Capitol security footage from the January 6th riot. The footage was used to downplay the attack, despite it being an attempted insurrection. McCarthy defended his decision, but has faced criticism from both sides of the aisle. The White House has also slammed Carlson for misrepresenting the severity of the attack.
President Joe Biden has proposed a budget that would raise taxes on high earners and make some drugs and mental health visits cheaper for Medicare beneficiaries. The budget also seeks to prevent the tax that supports Medicare from being used for other purposes, in order to ensure the program is adequately funded and can continue to provide quality care.
A bipartisan group of senators have introduced the RESTRICT Act, which would give the executive branch new powers to take action against tech companies with ties to foreign adversaries. This comes in response to concerns about the data collection and algorithm control of Chinese-owned social media platform TikTok. If passed, the bill would be the first major piece of legislation to address the security risks posed by foreign-owned tech companies.
The Biden administration is nearing a decision on the controversial Willow Project, a massive oil drilling venture proposed by ConocoPhillips Alaska on Alaska’s North Slope. The project has galvanized an online uprising of activism with over 2.9 million signatures on a Change.org petition and over one million letters sent to the White House in protest. Despite the opposition, the project has bipartisan support in Alaska and some indigenous groups have expressed support for it.
In her new podcast, Michelle Obama candidly shares her emotional experience leaving the White House after eight years in office, noting that she cried for 30 minutes straight. The podcast audio is from her recent book tour for her third book, “The Light We Carry,” and Obama has been actively encouraging people to prioritize their mental health and vote in the upcoming election.
Transportation Secretary Pete Buttigieg has called out former President Donald Trump for suggesting that they influenced his own visit to the site, and has urged increased investment in rail safety and infrastructure.