President Joe Biden's administration and Republicans in the U.S. Congress are in talks to end their standoff over raising the $31.4 trillion debt ceiling, haggling over vastly different proposals that both claim to cut deficits by trillions of dollars.
request doubles down on his economic agenda to shrink inequality, with pre-K, childcare and more healthcare. It is paid for by with tax increases on wealthy Americans and corporations.
Discretionary spending in the federal budget refers to funds for everything except mandatory programs such as Social Security and Medicare. It is at the heart of the partisan dispute. But the bill does not specify how this 4.1% cut from the 2023 level of $1.736 trillion would be allocated among programs. Republicans have objected to the Biden administration'sthat across-the-board cuts would reduce veterans' benefits, saying they never intended that.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
President Joe Biden speaks at Howard University commencementPresident Joe Biden served as the commencement speaker at Howard University's 155th commencement ceremony at the Capitol One Arena on Saturday.In his address, B
Read more »
Joe Biden Faces Terrible Polling WeekPresident Joe Biden faced some of the worst polling data of his presidency recently.
Read more »
Even President Biden is getting involved in this Pa. House race. He’s endorsed Heather Boyd.President Joe Biden has endorsed Democrat Heather Boyd in the special election for the Pennsylvania House's 163rd District, a race that will decide who controls the state House.
Read more »
WATCH LIVE: President Biden delivers commencement address at Howard University | Fox News VideoThe president's remarks at the HBCU come weeks after he announced his 2024 reelection bid.
Read more »
President Biden's Cringeworthy HBCU Comment at Howard CommencementJoe Biden says he's not just mentioning white supremacy because he was speaking at a 'Black HBCU' ... but he may have shown his cards.
Read more »
Biden gets honorary degree from Howard University, heads to beach house amid border crisisPresident Biden has remained largely tight-lipped about the ramifications of Title 42 elapsing this week, sparking a surge of illegal immigration at the southern border.
Read more »