Republicans have introduced legislation to increase the nation’s debt ceiling by $1.5 trillion or until March 31, 2024, whichever comes first. At the same time, the bill would return discretionary spending to 2022 levels, limit spending growth to 1 percent per year, take back unspent COVID-19 relief funds, repeal certain tax credits, reinstate work requirements…
House GOP Unveils Debt Limit Bill, Proposes $1.5 Trillion Debt Ceiling Increase
April 19, 2023
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economyHouse RepublicansHouse Speaker Kevin McCarthyPolicies & ImpactsPoliticsUSUS debt ceilingUS News
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New York Congressman George Santos Announces Reelection Bid Despite Calls for Resignation
April 18, 2023
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George SantosHouse Speaker Kevin McCarthyNew YorkNY PoliticsPoliticsRegional & State NewsRep. George SantosRepublicansState NewsUSUS News
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Rep. George Santos (R-N.Y.) announced on Monday that he’s running for reelection, despite facing multiple ongoing investigations, questions over his background, and repeated calls to resign. “As a first-generation American, I am no stranger to the issues affecting my district. I grew up poor with a single mom, and thanks to the American dream, a…
George Santos Announces Reelection Bid Despite Calls for Resignation
April 18, 2023
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George SantosHouse Speaker Kevin McCarthyNew YorkNY PoliticsPoliticsRegional & State NewsRep. George SantosRepublicansState NewsUSUS News
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Rep. George Santos (R-N.Y.) announced on Monday that he’s running for reelection, despite facing multiple ongoing investigations, questions over his background, and repeated calls to resign. “As a first-generation American, I am no stranger to the issues affecting my district. I grew up poor with a single mom, and thanks to the American dream, a…
Rep. George Santos Announces Reelection Bid Despite Calls for Resignation
April 18, 2023
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George SantosHouse Speaker Kevin McCarthyNew YorkNY PoliticsPoliticsRegional & State NewsRep. George SantosRepublicansState NewsUSUS News
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Rep. George Santos (R-N.Y.) announced on Monday that he’s running for reelection, despite facing multiple ongoing investigations, questions over his background, and repeated calls to resign. “As a first-generation American, I am no stranger to the issues affecting my district. I grew up poor with a single mom, and thanks to the American dream, a…
McCarthy Says House Will Vote to Lift Debt Ceiling Into 2024
April 17, 2023
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Business & Marketscongresseconomic policieseconomyHouse Speaker Kevin McCarthyNew York Stock ExchangePoliticsUSUS debt ceiling
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The House of Representatives will vote to lift the nation’s debt ceiling until sometime in 2024, according to Speaker Kevin McCarthy (R-Calif.), relieving anxiety about a potential default on U.S. financial obligations. The speaker made the announcement in a speech at the New York Stock Exchange on April 17, during which he also outlined the…
McCarthy Says House Will Vote on Lifting Debt Ceiling Into 2024
April 17, 2023
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Business & Marketscongresseconomic policieseconomyHouse Speaker Kevin McCarthyNew York Stock ExchangePoliticsUSUS debt ceiling
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The House of Representatives will hold a vote on a proposal to lift the nation’s debt ceiling until sometime in 2024, according to House Speaker Kevin McCarthy (R-Calif.), relieving anxiety about a potential default on U.S. financial obligations. McCarthy, during a speech at the New York Stock Exchange on April 17, also outlined the broad strokes…
Debt-Ceiling Impasse Could Increase Cost to Taxpayers, Experts Warn
April 7, 2023
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Business & Marketseconomic policieseconomyHouse Speaker Kevin McCarthyPoliticsUSUS debt ceilingUS President Joe Biden
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The current impasse between President Joe Biden and the GOP-controlled House of Representatives over the debt ceiling could wind up costing taxpayers more in interest payments, even if the country does not go into default, and will certainly increase interest rates if it does, experts warn. “I’m very concerned about the debt ceiling,” House Speaker…
McCarthy Calls for ‘One Voice’ Against CCP Aggression After Meeting With Taiwan’s Tsai
April 7, 2023
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ChinaHouse Speaker Kevin McCarthyNational SecurityPolicies & ImpactsPoliticsPresident Tsai Ing-WenRepublicansSpecial TopicsTaiwanUSUS NewsUS-China relations
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LOS ANGELES—House Speaker Kevin McCarthy has called on Congress to hasten the supply and delivery of military weapons to Taiwan amid rising tensions between the self-governed democracy and China’s communist regime. McCarthy (R-Calif.) urged the United States and its allies to take a stand against China’s aggression with a clear and consistent unified message that…
Trump Allies Voice Support for Former President After Indictment
Calling the move “political persecution and election interference at the highest level in history,” former President Donald Trump released a lengthy statement upon learning that a New York grand jury voted on March 30 to indict him on unspecified criminal charges. The news sparked outrage and support from multiple Republicans, including 2024 GOP presidential primary…
Trump Allies Rally Around Former President After Indictment
Calling the move “political persecution and election interference at the highest level in history,” former President Donald Trump released a lengthy statement upon learning that a New York grand jury voted on March 30 to indict him on unspecified criminal charges. The news sparked outrage and support from multiple Republicans, including 2024 GOP presidential primary…
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