McCarthy and congressional leaders will meet with President Joe Biden at the White House on Tuesday to discuss a debt ceiling extension.
The Senate passed a bill to avert a rail strike on Thursday afternoon, avoiding a catastrophic blow to the U.S. economy ahead of the holidays.
Vermont Sen. Bernie Sanders said on Saturday that the Inflation Reduction Act being debated in Congress will have a 'minimal' impact on record inflation in the United States.
The government runs out of funding on Friday, and Republican senators are threatening to shut down the government in order to defund President Biden's vaccine mandates.
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.