From WSJopinion: By coming to a centrist compromise, the president and speaker would boost their support with swing voters, who are increasingly fed up with partisan politics and want to see bipartisan solutions, writes Mark_Penn
Wonder Land. As the Republican presidential candidates start to offer something more than Donald Trump's various paybacks, President Biden figures running against 'MAGA' is his path to a second term. Images: AP/Getty Images Composite: Mark Kelly
President Biden can still win while “losing” the debt-ceiling negotiations. Avoiding a default while throttling back government spending would be a popular move for a president whose basic competence is under fire.Continue reading your article with
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What Is Biden’s Endgame in the Debt-Ceiling Standoff?“House Republicans are ruthlessly exploiting the threat of a debt default to try to seize control of the policy agenda,” JohnCassidy writes. “In the face of this cynical power play, the Administration needs all the leverage it can muster.”
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Bitcoin’s Doldrums Below $26.5K Endure as Investors Weigh Debt Ceiling Stalemate, Latest FOMC MinutesBitcoin remained under $26.5K, where it dipped early Wednesday following discouraging UK inflation data. Investors weighed the US debt ceiling impasse and FOMC minutes from earlier this month. JPRubin23 writes
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McCarthy: Still 'far apart' from White House on parts of debt ceiling dealPresident Joe Biden and House Speaker Kevin McCarthy are not any closer to reaching a deal on how to raise the debt ceiling and they're running out of time before June 1, the earliest a default on the nation's debt could occur.
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What happens to SNAP benefits if debt ceiling agreement isn't reached?The GOP has proposed that the current work requirements to get aid be raised to age 55 as well as tightening other state exceptions.
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European markets head for cautiously higher open as debt ceiling talks overshadow sentimentEuropean markets are heading for a cautiously higher open Thursday, reversing negative sentiment seen yesterday on the back of ongoing U.S. debt ceiling talks.
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