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Showing posts with the label deadline

Biden and McCarthy meeting on debt ceiling, weeks away from deadline to avoid crisis

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Biden will meet Tuesday with Kevin McCarthy and other congressional leaders -- as a fast-approaching deadline looms to raise the debt ceiling or face default President Joe Biden will meet Tuesday afternoon with congressional leaders at the White House -- as a fast-approaching deadline looms to either increase the nation's borrowing limit or risk an unprecedented and potentially devastating debt default that would ripple across the global economy. Tuesday's meeting will be the first time since February that Biden has sat down with House Speaker Kevin McCarthy to discuss the debt and spending. The intervening months have been filled with back and forth, with Biden leading Democrats in pushing for a raise to the debt ceiling "without conditions." McCarthy and other Republicans, meanwhile, continue to say they will only agree to raise the borrowing cap if Biden also agrees to some federal spending cuts and budget changes. Both sides have repeatedly insisted they don...

House heads home for the week as government shutdown deadline looms

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House members are headed home for the weekend – signaling that with just nine days to go, there is no funding deal in sight. Just hours after another embarrassing setback for House Speaker Kevin McCarthy in his quest to avert a government shutdown, members are headed home for the weekend – signaling that with just nine days to go, there is no funding deal in sight. There won't be any other House votes for the rest of Thursday, and if votes are scheduled for Friday or the weekend, members will be given "ample notice," said Majority Whip Tom Emmer's office. Members will be "on call" through the weekend, Emmer added. Earlier Thursday, the House failed for the second time this week to bring up the GOP defense spending bill for debate, in another crushing defeat for McCarthy, R-Calif. MORE: McCarthy unsure if proposed short-term funding bill will pass as key sticking points remain Members of a group of Republican hard-liners once again voted against GOP leadersh...

Senate fails to extend deadline to ratify Equal Rights Amendment as most Republicans vote no

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The Equal Rights Amendment or ERA, first introduced in Congress a century ago, would enshrine gender equality in the Constitution A push led by Democrats to give more time for states to ratify the Equal Rights Amendment, or ERA, failed on Thursday. The measure didn't win the support needed to clear a key 60-vote threshold, with the final tally being 51 to 47. Senate Majority Leader Chuck Schumer changed his vote to no in order to bring it back again in the near future. "This issue is too important, and we are not giving up," Schumer said in brief remarks after the vote. Almost all Republicans voted against the legislation, though Sen. Lisa Murkowski, R-Alaska, lobbied for it in floor remarks before the vote. "We've certainly made great strides as women since 1923, but there is a lot more that needs to be done," she said The ERA, first introduced in Congress a century ago, would enshrine gender equality in the Constitution and states that rights "shall...

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...