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☆ Analysis: Can Biden's handshake to a gunfight strategy fix what ails the US?
▼ + stars: | 2023-06-05 | by ( Trevor Hunnicutt | ) www.reuters.com time to read: +5 min

Biden's pact with Republican Kevin McCarthy, who once voted to overturn the president's 2020 election win, became law on Saturday. Biden's own popularity has withered over the course of his term, with some Democrats pointing fingers at the very strategy he touts. "No matter how tough our politics gets, we need to see each other not as adversaries, but as fellow Americans. Deals with Senate minority leader Mitch McConnell and Senate swing-vote Joe Manchin on infrastructure, climate and guns reflect Biden's deal-making strategy over 50 years in politics. The brief peace in Washington after the deal may be short-lived, however, some political strategists warn.

Persons: Joe Biden, Republican Kevin McCarthy, bipartisanship, Biden, Bishop Silvester Beaman, Premilla Nadasen, Mitch McConnell, Joe Manchin, Matthew Dallek, Mitch Landrieu, Elon Musk, Ron DeSantis, he's, Landrieu, Matt Bennett, Trevor Hunnicutt, Heather Timmons, Chizu Organizations: Republican, Capitol, Columbia University's Barnard College, George Washington University, Biden, Elon, Tesla Inc, Trump, Thomson Locations: United States, Washington, America

☆ Joe Biden used his first Oval Office address to tout the debt ceiling deal and pledge continued bipartisanship
▼ + stars: | 2023-06-03 | by ( Associated Press | Chris Kaye | ) www.businessinsider.com time to read: +6 min

Biden used his first speech to the nation from the Oval Office to celebrate a "crisis averted." "Passing this budget agreement was critical. "Passing this budget agreement was critical. Even as he pledged to continue working with Republicans, Biden also drew contrasts with the opposing party, particularly over raising taxes on the wealthy, something the Democratic president has sought. The Congressional Budget Office estimates it could expand total eligibility for federal food assistance, with the elimination of work requirements for veterans, homeless people and young people leaving foster care.

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☆ Biden signed the debt ceiling bill, marking the end to tense negotiations that brought the country to the brink of default
▼ + stars: | 2023-06-03 | by ( Associated Press | ) www.businessinsider.com time to read: +6 min

President Joe Biden signed the debt ceiling bill into law Saturday afternoon. The White House negotiated with Members of Congress for weeks before the bill finally passed on Thursday. Eventually, the White House began weeks of intense negotiations with House Speaker Kevin McCarthy, R-Calif., to reach a deal. The Senate passed the bill quickly by a vote of 63-36 Thursday night, two days before Biden signed it into law. But the White House said the IRS' plans to step up enforcement of tax laws for high-income earners and corporations would continue.

Persons: Joe Biden, —, Biden, Kevin McCarthy, McCarthy Organizations: White, Service, Treasury Department, U.S, Democratic, Republican, Social Security, Senate, AP, Congressional, Internal Revenue Service, Trump, House

It was one the president deployed once again behind closed doors at the White House. With Memorial Day on the horizon, senior White House officials said protecting veterans’ benefits was a top priority. They also knew it was a sensitive issue for Republicans’ politically, especially as House Republicans parried White House allegations about cuts to veterans’ services. White House officials would engage in conversations where their Republican counterparts would outline a potential resolution on issues. For months, White House officials hoped – and to some degree based on past battles, expected – Senate Republican Leader Mitch McConnell would engage in finding a resolution.

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☆ Opinion | Fareed Zakaria on Where Russia’s War in Ukraine Stands — and Much More
▼ + stars: | 2023-06-02 | by ( The Ezra Klein Show | ) www.nytimes.com time to read: +96 min

Obviously, the line is not perfect, but I think that’s a very sensible line. And I don’t think that’s all about absorption capability. But I don’t think it’s fair to say that the Russians have done everything they can. fareed zakaria[LAUGHS] And by the way, I think that’s some key to understanding the alliance is a personal one. I think India, Israel, and Poland — usually, in the 70 percent-plus say they like — have a favorable view of America.

Persons: ezra klein, it’s, Fareed Zakaria, Zakaria, “ Fareed Zakaria, fareed zakaria, Ezra, Putin, They’ve, there’s, fareed zakaria It’s, they’re, It’s, Fidel Castro, Sean Penn, haven’t, you’re, won’t, Biden, They’re, Washington, Winston Churchill, Merkel, wouldn’t, —, Nancy Gibbs, Khomeini, Macron, Ron DeSantis, YouGov, fareed zakaria I’m, that’s, DeSantis, Lindsey Grahams, Mitch McConnell, Xi Jinping, ezra klein Yes, Xi, Gorbachev, Zelensky, Trump, Obama, Bush, United States —, McCarthy’s, I’ve, they’d, doesn’t, didn’t, ezra klein They’re, fareed zakaria They’re, we’ve, Simpson, I’m, Janet Yellen, Colin Powell, unquote, That’s, Jonathan Haidt, We’ve, he’s, fareed zakaria That’s, they’ve, fareed zakaria Well, gee, TikTok, we’re, George Kennan, Mike Gallagher, klein, Nirupama Rao, Bob Kagan, can’t, — fareed zakaria, Lord Mountbatten, Gandhi, Franklin Roosevelt, Ho Chi Minh, fareed zakaria Right, narratively —, Modi, you’ve, China’s —, fareed zakaria Modi, India’s, Advani, Vajpayee, you’d, There’s, India, Joe Biden, fareed zakaria I’ve, Benedict Anderson’s “, Orville Schell, John Delury, Sunil Khilnani, ezra klein Fareed Zakaria Organizations: CNN, The Washington Post, Putin, Starbucks, Russia, Revolutionary Guard, NATO, Ukrainian, Communist, European Union, U.S, Republican Party’s, Republican Party, Republicans, ASEAN, Trump, Defense, United, U.S ., Democrats, Chinese Communist Party, State, Facebook, Google, Soviet Union, Huawei, Twitter, South China Seas, Foreign Affairs, Yale Law, International Criminal, South China, . Security, Trade Organization, Pax Americana, Americana, New York Fed, America, Republican, Fox, Beijing Locations: ezra klein Russia, Ukraine, Russia, America, Europe, China, India, Russian, United States, Relatedly, Japan, Turkey, Holland, South Korea, Singapore, Iran, Venezuela, Central America, Southeast Asia, Washington, Britain, ‘, U.S, United Europe, Germany, Soviet Union, Vietnam, Beijing, Trump, Asia, Iraq, Hainan, Montana, Republic, Soviet, weirdly, South, Taiwan, Pakistan, New Delhi, South Africa, Kuwait, Russia’s, Eden, Saudi Arabia, Indonesia, Kashmir, it’s, Cuba, Pax, American, Mumbai, Shanghai, Israel, Poland, Indian, Nigeria

☆ Watch: Biden Praises Passage of Debt-Ceiling Deal, Bipartisanship
▼ + stars: | 2023-06-02 | by ( ) www.wsj.com time to read: 1 min

Destruction of Ukraine Dam Floods Front Line, Prompts EvacuationsRussia and Ukraine accused each other of destroying a major dam and power plant in the Kherson region, causing serious flooding and putting thousands of homes at risk. WSJ’s Matthew Luxmoore explains the significance of the attack. Photo: Libkos/Associated Press

Persons: Matthew Luxmoore Organizations: Associated Locations: Russia, Ukraine, Kherson

☆ The debt ceiling deal proves bipartisanship isn't dead, just difficult, says fmr. New Orleans Mayor
▼ + stars: | 2023-06-02 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe debt ceiling deal proves bipartisanship isn't dead, just difficult, says fmr. New Orleans MayorFormer New Orleans Mayor and National Urban League CEO Marc Morial, joins 'Power Lunch' to discuss the debt ceiling deal and the economy.

Persons: bipartisanship, Marc Morial Organizations: . New, . New Orleans Mayor Former New Orleans Mayor, National Urban League Locations: ., . New Orleans

☆ Opinion | The Twists in the Long Debt Drama
▼ + stars: | 2023-05-30 | by ( ) www.nytimes.com time to read: +1 min

Robert S. CarrollStaten IslandTo the Editor:Once again, we have been subjected to last-minute brinkmanship in the debt limit drama series that never seems to end. Many have argued for the elimination of the debt limit. Why not place a cap on the amount of the debt limit increase? Anything above that would require congressional approval and would have to be considered at the time of approving the budget. Subir MukerjeeOlympia, Wash.To the Editor:Re “Biden Seeks to Woo Allies on Debt Deal,” by Peter Baker (news analysis, front page, May 29):President Biden was faced with a hostage negotiation.

☆ Explainer: US debt ceiling deal's winding road to passage in Congress
▼ + stars: | 2023-05-28 | by ( Richard Cowan | ) www.reuters.com time to read: +4 min

Then, McCarthy has vowed to give House members 72 hours to read it, and passage through the House and Senate will each take several more days. House Democrats have backed this idea but could not succeed unless enough of the Republican majority joined them. SENATE FOLLOWSIf passed by the House, the legislation goes to the Senate where Democrats hold a 51-49 majority over Republicans. If there were to be a 50-50 tie in the Senate, Vice President Kamala Harris can cast the vote to win 51-50 passage. Upon passage by the House and Senate, the deal would go to the White House for Biden to sign into law.

☆ In Pursuit of Consensus, Did Biden Find the Reasonable Middle or Give Away Too Much?
▼ + stars: | 2023-05-28 | by ( Peter Baker | ) www.nytimes.com time to read: +2 min

This is not a moment, however, in which bipartisanship is valued in the way it was when Mr. Biden came up through the Senate in the 1970s, 1980s and 1990s. “The agreement represents a compromise, which means not everyone gets what they want,” Mr. Biden said in a written statement issued late Saturday night as the deal was being announced. He is banking on the assumption that Americans will appreciate mature leadership that does not gamble with the nation’s economic health. But many on the political left are aggravated that Mr. Biden in their view gave into Mr. McCarthy’s hostage-taking strategy. The president who said the debt ceiling was “not negotiable” ended up negotiating it after all to avoid a national default, barely even bothering with the fiction that talks over spending limits were somehow separate.

☆ AOC and Matt Gaetz introduce a bipartisan bill to ban Congress members from trading individual stocks
▼ + stars: | 2023-05-02 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

A bipartisan group of lawmakers introduced a bill that would ban Congress members from trading individual stocks. Nancy Pelosi's husband Paul Pelosi has long been scrutinized for his extensive history of trading stocks. The Bipartisan Restoring Faith in Government Act would prohibit Congress members and their spouses and any dependents from trading individual stocks. The bill would prevent Congressional lawmakers and their spouses and dependents from trading individual stocks. Instead of owning individual stocks, Congress members would be allowed to buy and sell baskets of stocks via mutual funds or ETFs, as well as Treasury securities.

REUTERS/Leah MillisWASHINGTON, April 26 (Reuters) - Incumbent President Joe Biden entered the 2024 election race on Tuesday with something he didn't have two-and-a-half years ago: a record in the White House. Critics also say that increased federal spending under Biden, including $750 million on climate change and tax breaks, also drove inflation higher. Biden may have worse cards in 2024, with unemployment likely to rise as growth slows, interest rates remaining high and inflation holding above pre-pandemic levels. Biden also dismissed the sentences of thousands of people with federal offenses for simple marijuana possession, a disproportionately non-white group. The Biden administration also has faced scrutiny over its handling of record numbers of unaccompanied children crossing the U.S.-Mexico border illegally.

☆ Biden plans to focus heavily on the economy in Belfast speech marking Good Friday Agreement anniversary
▼ + stars: | 2023-04-12 | by ( Kevin Liptak | ) edition.cnn.com time to read: +8 min

Biden’s optimistic speech did not paper over tensions that persist 25 years after the Good Friday Agreement was signed. “It doesn’t change the political dynamic in Northern Ireland,” said Jeffrey Donaldson, leader of the Democratic Unionist Party, which withdrew from the government in dispute of Brexit trade rules. Ahead of the speech, Biden sat for brief talks over coffee with Sunak, though won’t participate in any major public events with him while he’s here. That includes the former leader of the Democratic Unionist Party Arlene Foster, who previously served as the first minister of Northern Ireland. The region along the border with Northern Ireland was where Biden’s great-great-great-grandfather, Owen Finnegan, was born in 1818.

☆ Lawmakers meet with Apple, Disney CEOs as part of talks on competition with China
▼ + stars: | 2023-04-07 | by ( Lauren Feiner | ) www.cnbc.com time to read: +7 min

High-profile tech and media executives shared their experiences of working in and competing with China with lawmakers who visited California this week. Over the three-day trip that kicked off on Wednesday, lawmakers were scheduled to meet with Disney CEO Bob Iger and Apple CEO Tim Cook, as well as high-level executives from Google , Microsoft , Palantir and Scale AI. The trip highlights the key role tech and media industries play in America's increasingly complex relationship with China. In Hollywood, the group of lawmakers from the select committee learned about a range of topics related to competition with China. The group was also slated to meet with venture capitalists on Thursday, including Andreessen Horowitz, Khosla Ventures and SV Angel.

☆ Exclusive: Republican U.S. Senator Rick Scott, Democrat Warren unveil Fed oversight bill
▼ + stars: | 2023-03-22 | by ( David Morgan | ) www.reuters.com time to read: +4 min

Republican Rick Scott and Democrat Elizabeth Warren blamed the collapse of the two banks on regulatory failures at the U.S. central bank, which has operated up to now with an internal inspector general who reports to the Fed board. "Our legislation fixes that by establishing a presidentially-appointed, Senate-confirmed inspector general at the Fed, like every other major government agency," Scott said in a joint release with Warren. Warren said this month's banking upheavals "have underscored the urgent need for a truly independent inspector general to hold Fed officials accountable for any lapses or wrongdoing." She sits on both the Senate Banking Committee and the Senate Finance Committee, and chairs subcommittees of both panels. Reporting by David Morgan and Heather Timmons; Editing by Scott Malone and Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.

☆ Kevin McCarthy Boasts of GOP Unity, but Tests Loom on Spending Cuts, Trump
▼ + stars: | 2023-03-22 | by ( Natalie Andrews | ) www.wsj.com time to read: 1 min

House Speaker Kevin McCarthy and other top Republicans speaking to reporters in Orlando, Fla.ORLANDO, Fla.—For House Speaker Kevin McCarthy, it could be the calm before another political storm. At House Republicans’ retreat, Mr. McCarthy projected a unified picture of a party seeking conservative wins as well as bipartisanship, pointing to votes on issues related to crime and the Covid-19 pandemic. But he now heads into tough challenges that will test his leadership, including how deeply to try to cut government spending as a condition for raising the debt ceiling, as well as how to handle the re-emergence of former President Donald Trump as a center of attention in the party.

☆ House Speaker Kevin McCarthy: America's greatest threats are debt, education system and China
▼ + stars: | 2023-03-06 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHouse Speaker Kevin McCarthy: America's greatest threats are debt, education system and ChinaHouse Speaker Kevin McCarthy joins 'Squawk Box' to discuss the Speaker's focus on bipartisanship, the legislative work the House has done, and more.

☆ House Democrats are skeptical about Biden's call for working with GOP: 'Marjorie Taylor Greene seems to be the lead spokesperson these days'
▼ + stars: | 2023-03-04 | by ( Nicole Gaudiano | ) www.businessinsider.com time to read: +4 min

Biden says Republicans can help build a "significant majority" for Dem priorities in a GOP House. "It looks like it's Marjorie Taylor Greene and extreme MAGA Republicans," Rep. Pramila Jayapal said. They question whether they can work with House Republicans on anything beyond "must-pass" legislation when they say "extreme" GOP members seem to be leading the caucus. And you know, Marjorie Taylor Greene seems to be the lead spokesperson these days." "You're gonna have a lot of Republicans running our way," he told House Democrats on Wednesday night.

Instead the opposite happened," said Representative Raja Krishnamoorthi, the top Democrat on the select committee, in his opening remarks. McMaster said the United States must put a priority on expediting delivery of billions of dollars of weapons and munitions that Taiwan has already purchased. Although the committee is bipartisan, some Democratic lawmakers have voiced concerns that it could fuel anti-Asian sentiment within the United States. The select committee has 13 Republican and 11 Democratic members. It will not write legislation, but will draw attention to competition between the United States and China on a range of fronts and make policy recommendations.

☆ Republicans meet Biden's calls for unity with partisan broadside
▼ + stars: | 2023-02-08 | by ( David Morgan | ) www.reuters.com time to read: +4 min

A day after Republican U.S. House Speaker Kevin McCarthy called on Biden to work together toward compromise on the debt and spending, Arkansas Governor Sarah Huckabee Sanders delivered a partisan broadside during the party's official rebuttal to Biden's speech. Biden did pledge to work with Republicans, as during the last Congress when both chambers were controlled by Democrats. Republicans hope to exact spending cuts from Biden in exchange for raising the debt ceiling. He drew boos and shouts of "liar" by asserting that some Republicans would like to "sunset" Social Security and Medicare. The former president, facing several investigations from federal and state prosecutors, also described himself as "a victim" of Biden's Justice Department.

☆ Republicans ready partisan response to Biden's calls for unity
▼ + stars: | 2023-02-08 | by ( David Morgan | ) www.reuters.com time to read: +3 min

A day after Republican U.S. House Speaker Kevin McCarthy called on Biden to work together toward compromise on the debt and spending, Arkansas Governor Sarah Huckabee Sanders stood ready to deliver a partisan broadside during the party's official rebuttal to Biden's speech. "The Biden administration seems more interested in woke fantasies than the hard reality Americans face every day," she said. Republicans hope to exact spending cuts from Biden in exchange for raising the debt ceiling. A Reuters/Ipsos poll completed on Sunday found that just 43% of Republicans approve of McCarthy's job performance. The former president, facing several investigations from federal and state prosecutors, also described himself as "a victim" of Biden's Justice Department.

☆ State of the Union brings brief unanimity on Social Security, Medicare. Why experts say there's still reason to worry
▼ + stars: | 2023-02-08 | by ( Lorie Konish | ) www.cnbc.com time to read: +4 min

That would include Social Security and Medicare. The Republican Study Budget Committee, which included a host of House GOP leaders, has also suggested other changes — raising the retirement ages for both Social Security and Medicare, as well as changing the measurement for annual Social Security cost-of-living adjustments. More recently, former Vice President Mike Pence called for reforming Social Security with the creation of private savings accounts. Rep. John Larson, D-Conn., has led a House bill that would apply reapply payroll taxes on $400,000 in earnings while also making benefits more generous. Biden similarly proposed expanding benefits and increasing payroll taxes on high earners during his presidential campaign.

☆ State of the Union takeaways: Biden comes out swinging in a raucous, combative speech despite pleas for bipartisanship
▼ + stars: | 2023-02-08 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +6 min

The speech marks Biden's first address to the new Republican-controlled House. Before diving into the list of bipartisan accomplishments, though, Biden began by congratulating House Speaker Kevin McCarthy and Senate Majority Leader Mitch McConnell. In a symbolic appeal to bipartisanship, First Lady Jill Biden wore purple — the color that results from combining blue and red. Meanwhile, former President Donald Trump shared his thoughts about Biden's speech on his social media platform, Truth Social. In addition to attacking Republicans on Social Security and Medicare cuts, Biden opened up several other lines of attack.

☆ Biden plans to go after social media and kids’ mental health in SOTU speech
▼ + stars: | 2023-02-07 | by ( Ashley Capoot | ) www.cnbc.com time to read: +2 min

U.S. President Joe Biden speaks as he attends the DNC 2023 Winter Meeting in Philadelphia, Pennsylvania, U.S., February 3, 2023. U.S. President Joe Biden will take aim at tech companies and discuss data privacy and online safety when he delivers the annual State of the Union address Tuesday night, the White House said. Biden will also argue it is the responsibility of companies, not consumers, to minimize the amount of information they collect. The White House said social media companies often do not enforce their terms of service with respect to minors. Biden will discuss how his administration plans to build on the surgeon general's youth mental health advisory, the Department of Health and Human Services' new Center of Excellence on Social Media and Mental Wellness, and the Children and Media Research Advancement Act.

☆ House Democrats just launched a 'Dads Caucus' to push for parental leave, the child tax credit, and universal childcare
▼ + stars: | 2023-01-30 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +3 min

A group of House Democrats just established the "Dads Caucus" to push for reforms. They want to expand parental leave, the child tax credit, and childcare funding to help working families. Last Thursday, House Democrats launched the Congressional Dads Caucus, a group that says it will advocate for legislation that includes guaranteed paid parental leave, the expansion of the child tax credit, and universal childcare. The US is the only industrialized country that doesn't require employers to offer paid parental leave, and only 25% of workers have access to it, according to Bureau of Labor Statistics data. The expanded child tax credit passed in the American Rescue Plan, which offered monthly payments to parents between March and December of 2021, helped reduce the child poverty rate to historic lows.

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