Biden has sought to sell the deal to fellow Democrats by emphasizing how it preserves major priorities from his first two years in office, including student...
Republican leaders urged their members to focus on the deal’s overall spending restraints, expanded work requirements for food stamps, trims to IRS funding and provisions easing environmental regulation on major energy projects.
averts a catastrophic default that could create an environment where international interests don’t buy American debt“If the United States were to default on its debt there actually is another country, the People’s Republic of China, who would like to be the reserve currency of the world,” Burgess said. “We will not give them that chance when we pass this bill.”“Protecting Texans from an economic disaster is priority #1,” Rep. Colin Allred, D-Dallas, wrote on Twitter.
Michael Linden, executive associate director of the White House budget office, sidestepped that critique and the idea that the deal assures the national debt will grow by $4 trillion by 2025. “This deal shows once again, that this president knows how to reach agreements that are wins for the American people,” Linden said, although he downplayed two concessions that have angered progressives: resumption of student loan payments, and cuts to IRS funding.
Linden agreed that the deal won’t hobble IRS plans to expand enforcement capacity, since those funds were spread over a decade anyway.
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Ahead of House debt ceiling vote, Biden shores up Democrats and McCarthy scrambles for GOP supportHard-fought to the end, the debt ceiling and budget cuts package is heading toward a crucial U.S. House vote
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Ahead of House debt ceiling vote, Biden shores up Democrats and McCarthy scrambles for GOP supportHard-fought to the end, the debt ceiling and budget cuts package is heading toward a crucial U.S. House vote as President Joe Biden and Speaker Kevin McCarthy assemble a coalition of centrist Democrats and Republicans to push it to passage over fierce blowback from conservatives and some progressive dissent.
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Ahead of House debt ceiling vote, Biden shores up Democrats and McCarthy scrambles for GOP supportHard-fought to the end, the debt ceiling and budget cuts package is heading toward a crucial U.S. House vote as President Joe Biden and Speaker Kevin McCarthy assemble a coalition of centrist Democrats and Republicans to push it to passage over fierce blowback from conservatives and some progressive dissent.
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Ahead of House debt ceiling vote, Biden shores up Democrats and McCarthy scrambles for GOP supportHard-fought to the end, the debt ceiling and budget cuts package is heading toward a crucial U.S. House vote as President Joe Biden and Speaker Kevin McCarthy assemble a coalition of centrist Democrats and Republicans to push it to passage over fierce blowback from conservatives and some progressive dissent.
Leer más »
Ahead of House debt ceiling vote, Biden shores up Democrats and McCarthy scrambles for GOP supportHard-fought to the end, the debt ceiling and budget cuts package is heading toward a crucial U.S. House vote as President Joe Biden and Speaker Kevin McCarthy assemble a coalition of centrist Democrats and Republicans to push it to passage over fierce blowback from conservatives and some progressive dissent.
Leer más »
Ahead of House debt ceiling vote, Biden shores up Democrats and McCarthy scrambles for GOP supportHard-fought to the end, the debt ceiling and budget cuts package is heading toward a crucial U.S. House vote as President Joe Biden and Speaker Kevin McCarthy assemble a coalition of centrist Democrats and Republicans to push it to passage over fierce blowback from conservatives and some progressive dissent.
Leer más »