The federal government may end up spending $800 billion more than originally projected to subsidize green energy technologies under the Inflation Reduction Act, fueling a campaign from Republicans and a threat from the legislation’s own chief architect to roll back its programs. Democrats passed the energy and healthcare spending law last August without any Republican […]
Tag: Biden
Mccarthy, Biden : Still No Debt Deal
The clock is ticking for President Joe Biden and House Speaker Kevin McCarthy to come to agreement to avoid a first-ever default on the nation’s debt. And although there are some positive signs suggesting they’re closer to a consensus, there is still no deal. They face a looming deadline, with Treasury Secretary Janet Yellen reaffirming […]
Biden thinks he has the authority to invoke 14th
President Biden on Sunday said he believes he has the authority to use the 14th Amendment to unilaterally address the debt ceiling, but he acknowledged potential legal challenges could still lead the nation to default if he went that route. “I’m looking at the 14th Amendment as to whether or not we have the authority […]
Biden says he is ‘blameless’ if US defaults on debt
President Biden would be blameless in the event that the U.S. defaults on its debt in the coming days, the president declared Sunday. Biden made the claim during a news conference in Hiroshima, Japan, where he had traveled for meetings with G-7 nations. Republicans in Congress forced Biden to the negotiating table after months of […]
Why is Biden holding up debt ceiling talks?
Even as he reassures the public that there won’t be a national default, President Joe Biden still faces big headaches over the debt ceiling. House Republicans are proposing new work requirements for social benefit programs, nixing the president’s massive student debt transfer, and eliminating green energy-related tax credits in order to raise the debt limit, […]
Biden threatened by ‘Squad’ members over debt bill
Members of the “Squad” are warning President Joe Biden that they will push back on a debt ceiling bill if they think he gave up too much to Republicans. Tuesday is the last day Biden and congressional leaders are all in Washington, D.C., to work on a deal before the United States defaults on its […]
White supremacy ‘most dangerous terrorist threat’ says Biden
President Joe Biden denounced white supremacy as the “most dangerous terrorist threat” to the nation in his commencement address to Howard University’s graduating class Saturday. “White supremacy … is the single most dangerous terrorist threat in our homeland,” Biden said. “And I’m not just saying this because I’m at a Black HBCU. I say this […]
Biden campaign kicks off amid turmoil
A potential default on the national debt and a surge of migrants following the end of a border-control policy known as Title 42 have presented President Biden with two difficult challenges at a crucial moment in his presidency. Having launched his reelection bid last month, Biden will seek to convince Americans, as he successfully did […]
Biden’s border on the brink, new plan is too little, too late
The Department of Homeland Security released a statement at midnight Thursday as the Title 42 public health order expired affirming that the U.S.-Mexico border remains secure and Border Patrol agents will resume the authorized removal of migrants. “The border is not open,” DHS Secretary Alejandro Mayorkas said. “Starting tonight, people who arrive at the border […]
Biden & Mccarthy to meet About Debt ceiling
As President Biden and House Speaker Kevin McCarthy prepare to square off over the debt ceiling Tuesday at the White House, it’s clear something will have to give in order for the government to avoid a financial crisis. The question is, who will blink first? Both sides remain far apart on a deal with just […]
Looming Debt ceiling deadline causing concern
The deadlock between Democrats and Republicans over raising the debt ceiling has gone on for months, and the stakes could not be higher. If an agreement is not reached by as soon as 1 June, the United States could default on its bond payments and other obligations, with potentially catastrophic implications for the economy. There […]
Whistleblower alleges FBI doc links Biden to ‘criminal scheme’
Sen. Chuck Grassley, R-Iowa., along with House Oversight Committee Chairman James Comer announced Wednesday that a whistleblower is claiming the DOJ and FBI possess a file describing an alleged criminal scheme involving then-Vice President Joe Biden and a foreign national. “This comes from a credible and unclassified whistleblower disclosures of this possible criminal activity when […]