President Joe Biden says progress has been made in talks with top Republican Kevin McCarthy over the US debt ceiling – even as Congress breaks up for a holiday weekend. The pair aim to reach a deal on raising the government borrowing limit for two years so it can keep paying its bills. A debt […]
Tag: Congress
House Rep moves to expel Schiff from congress
Rep. Anna Paulina Luna (R-FL) filed a motion on Wednesday to expel Rep. Adam Schiff (D-CA) from Congress. The Florida Republican filed the motion in the wake of the Durham Report, which cast doubt on the idea that the FBI should have ever begun its Crossfire Hurricane investigation into allegations of collusion between former President […]
Will Congress Ban Tik Tok?
On Thursday, TikTok’s CEO, Shou Zi Chew, will be opening a lion’s mouth and placing his own head into it. He’s giving testimony in the US Congress for the first time, a scary thing to do. And at stake is the future of the phenomenally popular video-sharing app in the US. “I think that there […]
Fauci is main architect of Wuhan lab coverup
Dr. Anthony Fauci once referred to himself as the embodiment of science. During the pandemic, he received acclaim from the worst media sources of COVID disinformation, such as CNN and MSNBC. But according to new information, Fauci held a conference call with a handful of scientists in early February 2020 in which he stressed the […]
Biden says Covid Emergency not over til May14th
President Biden was criticized by conservatives on Twitter Monday after the Associated Press reported that he would end the COVID emergency on May 11. Biden previously stated in September, before the 2022 midterm elections, that the pandemic “is over” – eight months before the White House will officially recognize that declaration. Republicans reacted to the […]
‘Renters Bill of Rights’ rolled out by Biden
In the face of sky-high rents, President Joe Biden is rolling out a new set of principles the White House is calling a “Renters Bill of Rights” in an effort to improve rent affordability and protections for tenants. The president is directing the Federal Housing Finance Agency (FHFA) to examine limits on rent increases for […]
Senator introduces PELOSI Act to bar lawmakers from trading stocks
A Republican in the U.S. Senate is looking to prevent lawmakers and their spouses from trading stocks on which the officials would have privileged information and used the bill’s title to make a not-so-subtle dig at former House Speaker Nancy Pelosi. On Tuesday, Sen. Josh Hawley, R-Mo., introduced the PELOSI Act, officially the Preventing Elected […]
Debt ceiling alarm bells ring in DC today
Every American could get hurt if the new hardline Republican House’s dangerous game of roulette with a still vulnerable economy backfires. The nation reaches a first, critical threshold Thursday in the brewing Washington showdown over the national debt that could define the tenure of the new GOP majority and the final two years of President […]
Biden, House GOP at Loggerheads over debt ceiling
The Biden administration and House Republicans are heading toward an initial Thursday debt ceiling deadline without even a hint of an endgame, ensuring a months-long standoff that’s poised to rattle financial markets amid worries about a recession this year. The two sides are effectively shrugging as the Treasury Department warns the country will hit the […]
Gear up for a debt ceiling fight in congress
The Republican-controlled House has planted the seeds for a debt-ceiling showdown, with Speaker Kevin McCarthy endorsing a push by his hard-liners to demand spending cuts as part of any extension of the country’s borrowing authority. The political divide is deep and the stakes are high. Ultraconservative lawmakers insist they don’t want the country to default, […]
The U.S. will hit its debt ceiling within days
Hitting the national debt ceiling is a major worry for Washington right now. On Friday, Treasury Secretary Janet Yellen warned that the U.S. is on track to reach the debt limit, or the cap on how much money the federal government can borrow, by Thursday. The ceiling was last raised by $2.5 trillion in December […]
Yellen Warns of ‘Irreparable Harm’ as Debt Limit nears
Treasury Secretary Janet Yellen notified Congress on Friday that the U.S. is projected to reach its debt limit on Thursday and will then resort to “extraordinary measures” to avoid default. In a letter to House and Senate leaders, Yellen said her actions will buy time until Congress can pass legislation that will either raise the […]