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Showing posts with the label budget

House Democrats averted shutdown amid GOP's 'brinkmanship,' Biden's budget director says

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House Democrats helped avert a government shutdown, amid "brinkmanship" and "theater" by hard-line conservatives, Biden budget director Shalanda Young argued It was Democrats in the House who helped avert a partial government shutdown this weekend, in the final hours before funding ran out amid " brinkmanship " and "theater" by hard-line conservatives, President Joe Biden's budget director argued on Sunday. "I will tell you, if I'm sick of it, I can only imagine what the American people are feeling," White House Office of Management and Budget Director Shalanda Young told ABC "This Week" co-anchor Jonathan Karl. "Why go down this road, take us so close?" After increasingly urgent deliberations in the House, Republicans on Saturday introduced a stopgap funding bill that will fund the government until Nov. 17, a near "clean" continuing resolution that did not include the priorities of some in the...

Biden, McCarthy standoff over budget intensifies as deadline looms

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Tensions boiled over this week between the White House and House Speaker Kevin McCarthy over an impasse on the budget and debt ceiling. Tensions boiled over this week between the White House and House Speaker Kevin McCarthy, with both refusing to blink amid an impasse on the budget and debt ceiling. McCarthy pressed President Joe Biden to start more robust negotiations over raising the nation's borrowing limit ahead of the Congressional Budget Act’s April 15 deadline, marking the first major step in weeks on the issue. "Simply put: You are on the clock. It's time to drop the partisanship, roll up our sleeves, and find common ground on this urgent challenge," McCarthy wrote in a letter to the president on March 28. MORE: Biden and Republicans seem set for debt ceiling fight, reviving fraught political battles of years past Biden suggested there's little point in a sit-down until House Republicans introduce a formal budget , which he called on them to do before th...