House votes to lift debt ceiling, likely delaying default showdown until December
House lawmakers approved a $480 billion hike to the debt ceiling on Thursday, averting a potentially catastrophic U.S. default for at least another two months and teeing up another showdown over a long-term solution.
Pelosi backs debt ceiling proposal that would allow Treasury to raise limit
House Speaker Nancy Pelosi indicated Tuesday that she would support a proposal that would eliminate the need for Congress to hold regular votes to raise the debt ceiling.
AOC urges Schumer, Pelosi to keep immigration, housing funding intact in reconciliation bill
Rep. Alexandria Ocasio-Cortez called on Democratic leaders to ensure that funding for immigration reform and affordable housing remains in a sweeping reconciliation bill as party officials weigh across-the-board cuts to the multitrillion-dollar tax and spending package.
Pelosi says IRS reporting requirement for bank accounts to stay in reconciliation bill despite public concerns
House Speaker Nancy Pelosi expressed little concern about public opposition to Democrats' proposal to force banks to report inflows and outflow of every account with more than $600 in activity per year to the IRS.
Pelosi vague on timing, details of Dems' reconciliation talks, as end-of-year deadlines loom over Biden agenda
The House of Representatives is set to raise the debt ceiling on Tuesday, averting an economic crisis. But Democrats still have a lot to do to pass President Biden's agenda,
Gottheimer tells Dems to stop blocking infrastructure bill, 'get shovels in the ground'
House Problem Solvers Caucus Chairman Josh Gottheimer says in a Tuesday op-ed for NJ.com that the House of Representatives should pass the bipartisan infrastructure bill quickly to get "shovels in the ground."
Sen. Blackburn: Border patrol agents 'wants to do their job'
Sen. Marsha Blackburn, R-Tenn., on overwhelming border crisis and lack of extra funding for border patrol in the Democrats' spending packages.
House to vote on temporary debt ceiling increase Tuesday, putting off potential economic crisis until December
The House of Representatives will vote on the Senate-passed temporary debt ceiling increase on Tuesday evening.
Debate rages over Biden's proposed $600 IRS reporting requirement for bank accounts
Democrats say the reporting requirement would help the IRS crack down on fraud, Republicans say it's government snooping.
Congress faces flurry of economic deadlines before the year ends
Congress is gearing up for a hectic December, faced with a flurry of must-pass spending bills and economic deadlines that could have catastrophic consequences if lawmakers miss them.
Liberal commentator reacts to Bill Maher's prediction for a Trump 2024 comeback
Liberal commentator and radio host Ethan Bearman discusses a potential Trump return, Biden’s agenda, and inflation fears
Laffer: Going too far on debt ceiling will have huge negative consequences on economy
Former Reagan Economic Adviser Art Laffer arguing debt ceiling debate is 'primarily theatrics.'
KT McFarland: We're beginning to see multi-sided civil war in Afghanistan
Former Trump Deputy National Security Advisor K.T. McFarland discusses infighting in Afghanistan, the Biden admin working with the Taliban and Americans left behind in the country.
Rep. Crenshaw: Kamala Harris doesn't care about border security
Rep. Dan Crenshaw, R-Texas, discusses the Biden admin canceling border wall contracts, Secretary Mayorkas' handling of migrant crisis, VP Harris skipping a border security meeting and parents pushing back on critical race theory.
Biden's spending plan 'reckless,' will cause tax, inflation hikes: Rep. Johnson
Rep. Bill Johnson, R-Ohio., provides insight into President Biden's Build Back Better which he believes is 'not good for the American people.'
Texas congressman: ‘Life on the border is hell for us’
Rep. Tony Gonzales, R-Texas, argues the ‘chaos’ created by President Biden at the southern border impacts all Americans.
Sen. Barrasso says Dems need ‘40 different taxes’ to pay for $3.5T reconciliation bill
A Democrat-proposed $3.5 trillion reconciliation package will need "40 different taxes" to pay for the bill's sweeping measures, Sen. John Barrasso, R-Wyo., said.
Yellen doubles down on need for global minimum tax and eliminating debt ceiling
Treasury Secretary Janet Yellen has reiterated support for the global minimum tax as Congress continues to debate President Biden’s titanic infrastructure bill.
GOP senators bash weak jobs report, Biden's talk of 'progress'
Republican senators have blasted the latest disappointing jobs report, as well as President Biden's efforts to portray the shortage as part of "progress."
Bitcoin buyer: Sen. Lummis loads up
Sen. Cynthia Lummis disclosed this week that she bought up to $100,000 worth of Bitcoin in an August transaction.