On Tuesday’s broadcast of NBC’s “MTP Daily,” Rep. James Clyburn (D-SC) stated that he’s “sure” President Joe Biden will invite House Speaker Rep. Kevin McCarthy (R-CA) to iron out a deal on the debt ceiling “when he thinks it’s the
On Tuesday’s broadcast of CNBC’s “Squawk Box,” Rep. Jake Auchincloss (D-MA) responded to then-House Speaker Rep. Nancy Pelosi (D-CA) tying budget negotiations and debt ceiling negotiations together in 2019 by arguing that Republicans should just raise the debt limit. After
On Tuesday’s broadcast of MSNBC’s “Andrea Mitchell Reports,” Biden 2024 Co-Chair Sen. Chris Coons (D-DE) responded to a question on concerns about President Joe Biden’s age by stating that people should “watch how he conducts himself in negotiations with members
The Congressional Budget Office (CBO) said in a report released on Tuesday that the Limit, Save, Grow Act would reduce the deficit by $4.8 trillion over the next ten years.
On Monday’s “Fox News Rundown” podcast, House Majority Chief Deputy Whip Rep. Guy Reschenthaler (R-PA) noted that President Joe Biden rejected debt ceiling increases without fiscal changes in the past, but since then, “his party has moved drastically to the
Then-Vice President Joe Biden boasted several times in 2011 about negotiating a debt limit standoff with Republicans — contrasting his current posture with House Republicans as president.
During a portion of an interview with NPR released on Thursday, White House Chief of Staff Jeff Zients said that House Speaker Rep. Kevin McCarthy’s (R-CA) proposal to claw back unspent COVID relief funds as part of a package of
White House Chief of Staff Jeff Zients says President Joe Biden won’t negotiate over spending cuts in exchange for raising the debt ceiling with Republicans in Congress.
During an interview with CBS News on Wednesday, Office of Management and Budget Director Shalanda Young responded to a push by House Republicans to claw back unspent COVID money in exchange for raising the debt ceiling by stating that the unspent
On Tuesday’s broadcast of CNBC’s “Squawk Box,” House Minority Leader Rep. Hakeem Jeffries (D-NY) responded to a question on whether there are any proposals — like clawing back unspent COVID relief funds — for raising the debt ceiling that he
On Tuesday’s broadcast of CNBC’s “Squawk Box,” House Minority Leader Rep. Hakeem Jeffries (D-NY) argued that, apart from the conditions House Republicans have placed on lifting the debt ceiling, only raising the debt ceiling for a year “makes no sense”
On Monday’s broadcast of the Fox Business Network’s “Kudlow,” House Freedom Caucus Chairman Rep. Scott Perry (R-PA) stated that House Speaker Rep. Kevin McCarthy’s plan on the debt ceiling largely reflects what the Freedom Caucus has proposed, but he wants
On Wednesday’s broadcast of Bloomberg’s “Balance of Power,” House Speaker Rep. Kevin McCarthy (R-CA) stated that he’s “very concerned about the debt ceiling” and that investors are right to have concerns about the debt ceiling because President Joe Biden still
On Monday’s broadcast of CNBC’s “Squawk Box,” Sen. Joe Manchin (D-WV) stated that someone is telling President Joe Biden not to negotiate over raising the debt ceiling because “politically, we’re in good shape, let’s make them play their hand out.
On Tuesday’s broadcast of the Fox News Channel’s “The Story,” Senate Minority Leader Sen. Mitch McConnell (R-KY) stated that he is behind House Speaker Rep. Kevin McCarthy’s (R-CA) push for tying spending cuts to the debt ceiling and pointed out
On Thursday’s “PBS NewsHour,” Rep. Chip Roy (R-TX) stated that if there is a debt default, it’s on President Joe Biden because Republicans will have spent months trying to talk with Biden about a deal to raise the debt ceiling
On Thursday’s broadcast of the Fox News Channel’s “America’s Newsroom,” Sen. Joe Manchin (D-WV) stated that House Speaker Kevin McCarthy’s approach to the debt ceiling is “most reasonable” and argued that spending reductions of 5-10% across the board should be
On Wednesday’s broadcast of Bloomberg’s “Balance of Power,” Rep. Henry Cuellar (D-TX) stated that Democrats should “Definitely” be open to spending cuts across the board, even if it’s directly tied to the debt ceiling, and “it would be good for
During an interview aired on Wednesday’s broadcast of the Fox News Channel’s “Special Report,” Rep. Jared Moskowitz (D-FL) argued that the federal government needs to spend less as American families are having to and no one wants to see a
On Tuesday’s “CNN Newsroom,” White House Communications Director Kate Bedingfield responded to a question on President Joe Biden, in his then-role as Vice President negotiating a deal around the debt limit in 2011 and arguing that we need to find
On Tuesday’s broadcast of CNN’s “At This Hour,” Rep. Brad Sherman (D-CA) argued that there’s no way to cut government programs “and somehow not cut services because we’re going to only deal with the fat” and Republicans saying we should
On Monday’s broadcast of the Fox Business Network’s “Mornings with Maria,” House Chief Deputy Whip Rep. Guy Reschenthaler (R-PA) stated that cutting spending from the $1.7 trillion omnibus bill will “be a part of the negotiations” on raising the debt
On Tuesday’s broadcast of the Fox Business Network’s “Kudlow,” House Speaker Rep. Kevin McCarthy (R-CA) argued that President Joe Biden is “playing with the financial markets of America” by refusing to say he’ll negotiate over raising the debt limit and
On Tuesday’s broadcast of the Fox Business Network’s “Bottom Line,” House Majority Leader Rep. Steve Scalise (R-LA) said that there are plenty of ways you can decrease the deficit in order to raise the debt ceiling like reinstating student loan
On Monday’s broadcast of Fox News Radio’s “Brian Kilmeade Show,” Sen. John Cornyn (R-TX) said he would not be part of any deal between centrist Republicans and Democrats to raise the debt ceiling without spending cuts.
Yellen takes the minting a $1 trillion platinum coin off the table.
On Friday’s “PBS NewsHour,” New York Times columnist David Brooks argued that Democrats need to have a plan to raise the debt ceiling that offers concessions to Republicans because of the leverage held by the “nihilistic wing” of the party
On Friday’s broadcast of HBO’s “Real Time,” host Bill Maher stated that he understands Republicans saying that “an adult has to cut up the credit card” after overspending on the coronavirus that ended up being stolen. Maher said that tying
On Thursday’s broadcast of the Fox News Channel’s “Your World,” Rep. Dan Crenshaw (R-TX) stated that Republicans will have more spending cuts and limits than the White House will want in order to raise the debt ceiling and that if
On Thursday’s broadcast of the Fox Business Network’s “Varney & Co.,” Rep. Mike Gallagher (R-WI) said that we should raise the debt ceiling and avoid a default, but all that Republicans want is some fiscal reform and one possibility is
On Thursday’s broadcast of NPR’s “All Things Considered,” Rep. Don Bacon (R-NE) stated that Republicans should push for coupling raising the debt ceiling with keeping spending below inflation and that if Republicans get that, it would be a win. Bacon
On Thursday’s broadcast of “CNN This Morning,” White House National Economic Council Director Brian Deese argued that the uncertainty of whether the debt limit will be raised should be removed and refused to commit to whether President Joe Biden would
Treasury Secretary Janet Yellen notified Congress on Friday that the U.S. is projected to reach its debt limit on Thursday and will then resort to “extraordinary measures” to avoid default.
Sen. Chuck Schumer (D-NY) was reportedly chewed out by Senate Republicans and Sen. Joe Manchin (D-WV) after the debt ceiling vote Thursday night.
Sen. Lindsey Graham told a reporter Thursday he is “upset” with Republicans for caving on debt ceiling negotiations.
President Joe Biden floated the proposal Tuesday of getting rid of the filibuster rules in the Senate to raise the debt limit.
MSNBC anchor Joy Reid opened her show “The ReidOut” Wednesday by calling Republicans “nihilistic” for not voting to raise the debt ceiling.
As long as he holds firm on the policy priorities most important to his base — especially border security — Trump will have flexibility to negotiate on other issues.
“The Budget Agreement today is so important for our great Military,” he wrote on Twitter. “It ends the dangerous sequester and gives Secretary Mattis what he needs to keep America Great.”
The United States Treasury Department revealed new estimates last week that show the country set to double borrowing in the current fiscal year, a total $995 billion that would nearly double last fiscal year’s $519 billion.
