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Republican House Speaker Kevin McCarthy has vowed not to allow an increase in the $31.4 trillion legal limit on federal borrowing without an agreement from President Joe Biden's Democrats in Congress to rein in federal spending. Failing to lift the debt ceiling could trigger a default on the federal government's debt that would take a heavy toll on the American and probably world economies. Vought, whose plan also calls for $150 billion in cuts, said Democratic control of the Senate makes limited austerity more politically realistic. Another Budget Committee Republican, Freedom Caucus member Ralph Norman, described in general terms a debt-ceiling playbook, backed by other conservatives, that aligned with Vought's plan. McCarthy spokesman Mark Bednar said federal spending growth was "entirely unsustainable, and House Republicans were elected to bring it to an end."

☆ McCarthy, Scalise go to war with U.S. Chamber after group backed some Democrats in 2020 and 2022 elections
▼ + stars: | 2023-02-06 | by ( Brian Schwartz | ) www.cnbc.com time to read: +6 min

McCarthy's refusal to meet with the Chamber is the latest strike in an ongoing feud between some House Republican members and the Chamber of Commerce. Tim Doyle, a spokesman for the Chamber of Commerce, told CNBC in a statement that the group's policies are more in line with House Republicans than Democrats. Representatives for House Majority Whip Tom Emmer, R-Minn., House Republican Conference Chair Rep. Elise Stefanik, R-N.Y., and Rep. Gary Palmer, R-Ala., did not return requests for comment. McCarthy's ire against the Chamber started after the group endorsed 23 House Democrats in the 2020 election cycle when Republicans failed to regain the majority. The Chamber reportedly endorsed 23 House Republican candidates and four Democrats during the 2022 election fight.

☆ NHL roundup: Pens' Kris Letang plays hero in return vs. Panthers
▼ + stars: | 2023-01-25 | by ( ) www.reuters.com time to read: +8 min

Letang, who was activated from long-term injured reserve earlier in the day, finished with two goals and two assists. Aaron Ekblad had a goal and two assists, Sam Reinhart and Matthew Tkachuk a goal and an assist apiece and Colin White one goal. Fiala also had an assist, while Anze Kopitar scored two goals and Samuel Fagemo contributed one goal for the Kings. Avalanche 3, Capitals 2Artturi Lehkonen, Alex Newhook and Andrew Cogliano scored goals, Alexandar Georgiev had 37 saves and Colorado beat Washington in Denver. Logan O'Connor had two assists for Colorado, which has won six straight despite Cale Makar missing his fourth straight game with an upper-body injury.

WASHINGTON — Conservative lawmakers sent a strong message to House Republican Leader Kevin McCarthy on Monday, telling him he doesn't have the votes to be the next speaker. Drew Angerer / Getty Images“We expect there will be a contest tomorrow, that there will be another candidate, and I don’t think anybody’s going to get 218 votes tomorrow,” said Rep. Bob Good, R-Va., who is opposing McCarthy for speaker. Good has said that a number of Republicans will be interested in jumping into the race once they realize McCarthy can’t secure 218 votes on his own. Jordan, the founding chairman of the caucus who unsuccessfully challenged McCarthy for minority leader in 2018, also is backing McCarthy. Period.”Inside the candidates forum on Monday, McCarthy was pressed by Rep. Matt Gaetz, R-Fla., a frequent McCarthy critic, on whether he would work with Democrats to secure 218 votes for speaker.

☆ Fact Check-Fabricated ‘Commitment to America’ graphic circulates inaccurate Republican agenda ahead of Midterms
▼ + stars: | 2022-10-24 | by ( Reuters Fact Check | ) www.reuters.com time to read: +2 min

The graphic is fake, however and no such graphic can be viewed via U.S. House Republicans’ official website. No such graphic is viewable on the ‘Commitment to America’ official website (here) while recommendations under the plan can be viewed (here). An official one-page ‘Commitment to America’ graphic with main policy areas including the economy and migration can be viewed (ibb.co/hB2ZWSM). The image circulating online is a fabricated graphic and not viewable via the ‘Commitment to America’ official website. Spokespeople for Republican House Whip Scalise and Republican House Leader McCarthy also told Reuters no such graphic was released via the ‘Commitment to America’ channel.

In the next Congress, white men will also lead the House GOP campaign arm, the National Congressional Campaign Committee (NRCC), and occupy other lower-tier leadership spots. The highest leadership post that Republican women or minorities have reached is chair of the GOP Conference — the No. She's expected to remain the highest-ranking GOP woman in the whole of the next Congress as well, given that white men make up all but one member of the Senate GOP leadership team. Eighty GOP women are running for House seats in these midterms. For his part, Donalds, whom Trump once called a “rising star,” has not made diversity a central part of his campaign for conference chair.

☆ MLB roundup: Cardinals, Yankees clinch division titles
▼ + stars: | 2022-09-28 | by ( ) www.reuters.com time to read: +9 min

Yankees right-hander Jameson Taillon (14-5) allowed two runs and seven hits in 7 1/3 innings. Brian Anderson had three hits and scored two runs for the Marlins, and Jacob Stallings hit a two-run single. Casas, who finished 3-for-4, clobbered a two-run homer in the second inning. Hunter Dozier hit a two-run homer for the Royals, who got two hits from Michael A. Taylor. Altuve went 3-for-4 with four runs, and Hensley contributed an RBI single and a two-run homer.

☆ Credit Suisse bankers are preparing for 'Uli the Knife' to carve up the investment bank.
▼ + stars: | 2022-09-26 | by ( Aaron Weinman | ) www.businessinsider.com time to read: +5 min

It's a tense time for many insiders at Credit Suisse. One person told me it's a case of "rinse and repeat," as Credit Suisse undergoes its second strategic review in less than a year. Law firm sued Credit Suisse over claims it misled investors on business dealings related to Russian oligarchs. Among the plans reported to be under consideration are a three-way split of the investment bank, according to the Financial Times. Under Chief Executive Ulrich Körner, Credit Suisse wants to transform its investment bank into a "capital-light, advisory-led banking business."

☆ GOP unveils 'Commitment to America' platform, passing off stock footage of Russia and Ukraine as the US and a Lehman Brothers ad as a quote by Lincoln
▼ + stars: | 2022-09-24 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +4 min

Footage from the video passes off stock images of Ukraine and Russia as the US, HuffPost reported. In a letter to House members, Minority Leader McCarthy also used a quote wrongly attributed to Lincoln, Daily Beast reported. Several images were created by Serg Grbanoff, a filmmaker based in Russia, HuffPost reported, who confirmed to the outlet the images were created in the Volgograd region of his home country. "Interesting how you guys aren't remotely interested on the issues facing the American people in the video," McCarthy spokesman Mark Bednar told HuffPost when asked about the stock footage. "Commitment is what transforms a promise into reality," the letter reads, attributing the quote to the nation's 16th president.

☆ Colorado Avalanche a învins-o pe Arizona Coyotes cu 5-1 și a înregistrat a 7-a victorie consecutivă
▼ + stars: | 2021-03-23 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: 1 min

Colorado Avalanche este în formă maximă în liga profesionistă nord-americană de hochei. Trupa lui Jared Bednar a învins-o pe Arizona Coyotes cu 5-1 și a înregistrat, astfel, a 7-a victorie consecutivă.Pierre-Edouard Bellemare, Mikko Rantanen și Nazem Kadri au marcat câte o dată pentru Avalanche, iar gazdele au redus din diferență prin Oliver Ekman-Larsson. Totuși, speranțele la o revenire a grupării Arizona Coyotes au fost spulberate de Joonas Donskoi, care a înscris două goluri pe final de meci.Avalanche este pe locul doi în Conferinţa de Vest din NHL, iar Coyotes sunt pe locul 6.Între timp, San Jose Sharks au jucat cu Los Angeles Kings, meci care a fost marcat de bătaia dintre Kurtis Gabriel și Kurtis MacDermid.Și dacă MacDermid a ieșit învingător din confruntarea cu Gabriel, atunci echipa sa nu s-a descurcat la fel de bine. Kings au pierdut meciul cu Sharks, scor 1-2.

Persons: Jared Bednar, Edouard Bellemare, Oliver Ekman, Larsson ., Donskoi, San Jose Sharks, Gabriel, MacDermid, Kings Organizations: Los Locations: Colorado Avalanche, americană, Arizona, Vest, NHL, San Jose, Los Angeles Kings

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