Partisan sniping over raising U.S. borrowing authority ratcheted up on Friday when House of Representatives Speaker Kevin McCarthy accused President Joe Biden of ignoring the issue, even as Republicans have failed to detail budget cuts they want before allowing a debt limit increase.
At a news conference in the U.S. Capitol, the Republican speaker attacked the Democratic president for not holding negotiating sessions with him since an initial meeting early last month.
Biden and leading Democrats in Congress have urged McCarthy to unveil Republicans' plans for cutting spending, saying that additional meetings before that happens would be fruitless. The House Budget Committee, which is controlled by Republicans, has not yet produced a fiscal 2024 budget blueprint to shape the debate over federal spending beginning in October and the need to raise the debt limit.
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.
Democrats warn of dire consequences if Republicans refuse to raise the debt limitCongressional Democrats warned on Thursday that a refusal by Republicans to raise the debt limit would imperil retirement benefits for millions of Americans, while raising interest rates even higher.
Read more »
Why House Republicans say Senate Democrats need the GOP’s energy packageRepublicans on Wednesday auditioned their sales pitch for bipartisan negotiations on a sprawling package of new energy policies that Senate Democrats label “dead on arrival.”
Read more »
Republicans are targeting House Democrats where Latino voters will be key'Republicans are making inroads with Latinos throughout the country and we will be playing offense from Colorado to Nevada and beyond,' the NRCC told Newsweek
Read more »
Kyrsten Sinema Begs Republicans for Cash, Calls Democrats ‘Old Dudes Eating Jell-O’The Democratic-turned-Independent senator from Arizona is reportedly on a 'sniping spree' as her full transformation into a cartoon villain continues apace.
Read more »
Democrats attempt to amend bill that would ban gender affirming care but are blocked by RepublicansLawmakers on both sides of the aisle haven't budged on senate bill 480. Republicans say the bill is about protecting kids. Democrats say the general assembly is inserting itself into hospital rooms.
Read more »
Republicans and Democrats team up to grill TikTok CEO
Read more »