Tag: debt ceiling

Florida stops funding diversity, equity, and inclusion programs in higher education. Meanwhile, former President Donald Trump criticized the state’s abortion laws. Ahead of a make-or-break meeting between President Joe Biden and House Speaker Kevin McCarthy on debt ceiling negotiations, what are the two saying as time is running out to avoid a default? Officers gathered in Washington, D.C., Monday to honor fallen police ...

Ahead of today’s high-stakes meeting between President Joe Biden and congressional leaders to discuss raising the debt ceiling, U.S. business executives have issued a stern warning, urging both parties to reach an agreement. The cost of a default or even the possibility of one is too high, the group warned. “With the U.S. at risk of defaulting on its obligations ...

A group of 43 Republicans in the U.S. Senate said on May 6 that they “oppose raising the debt ceiling without substantive spending and budget reforms,” coalescing around their House counterparts ahead of the White House meeting over the federal debt ceiling amid a monthslong political standoff. “The Senate Republican conference is united behind the House Republican conference in support ...