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☆ Trump says 'vital' federal role remains for regulating abortion
▼ + stars: | 2023-06-25 | by ( Moira Warburton | ) www.reuters.com time to read: +2 min

[1/5] Former U.S. President Donald Trump addresses The Faith and Freedom Coalition's 2023 "Road to Majority" conference in Washington, U.S., June 24, 2023. REUTERS/Tasos KatopodisWASHINGTON, June 24 (Reuters) - Former President Donald Trump said the federal government has a role in regulating late term abortions, but declined to provide specifics on what that role was in a speech to a conservative audience on Saturday night. "There of course remains a vital role for the federal government in protecting unborn life," Trump told attendees at the Faith and Freedom Coalition's annual conference in Washington, D.C., on Saturday night. "We will defeat the radical Democrat policy of extreme late term abortion." Late term abortions, which take place after 21 weeks, are extremely rare, representing just 1% of all abortions, and are often due to fetal abnormalities or threats to the mother's life.

Persons: Donald Trump, Katopodis, Trump, Ron DeSantis, Roe, Wade, Tim Scott, Mike Pence, Moira Warburton, Daniel Wallis Organizations: U.S, REUTERS, Washington , D.C, Reuters, Thomson Locations: Washington , U.S, Katopodis WASHINGTON, Florida, Washington ,, Carolina, Washington

WASHINGTON, June 21 (Reuters) - The U.S. House of Representatives approved a Republican effort on Wednesday to censure Representative Adam Schiff, a rare move intended to punish the Democrat for his leading role in investigating the conduct of Donald Trump when he was president. In practice, the measure, which was passed 213-209 along party lines, will result in a probe into Schiff by the Ethics Committee. Trump was impeached a second time by the House over his actions leading up to the Jan. 6, 2021, deadly riot at the U.S. Capitol. The House had defeated a separate censure effort against Schiff last week, when 20 Republicans joined 205 Democrats in opposition. The earlier censure effort came with a $16 million fine, since stripped out.

Persons: Adam Schiff, Donald Trump, Anna Paulina Luna, Schiff, Kevin McCarthy, Trump, Paul Gosar, Alexandria Ocasio, Cortez, Gram Slattery, Moira Warburton, Christopher Cushing Organizations: U.S . House, Republican, Schiff, House, U.S . Capitol, Republicans, Democratic, Thomson Locations: Ukraine

The president's son has worked as a lobbyist, lawyer, investment banker and artist, and has publicly detailed his struggles with substance abuse. Hunter Biden disclosed in December 2020 that Weiss's office was investigating his tax affairs. President Biden has long expressed support and pride in his son for overcoming his addiction. The corrupt Biden DOJ just cleared up hundreds of years of criminal liability by giving Hunter Biden a mere 'traffic ticket.' President Biden has two surviving children, Hunter Biden and daughter Ashley Biden.

Persons: Joe Biden's, Hunter Biden, David Weiss, Donald Trump, Trump, Christopher Clark, Hunter, Clark, " Hunter Biden, Biden, Ian Sams, Weiss, James Comer, Comer, Ashley Biden, Beau Biden, Naomi Biden, Aaron Crawford, Crawford, George H.W, Bush's, Neil, Richard Nixon's, Don, Howard Hughes, Sarah N, Lynch, Jeff Mason, Trevor Hunnicutt, Susan Heavey, Tom Hals, Moira Warburton, Doina Chiacu, Heather Timmons, Jonathan Oatis Organizations: Democratic, Republican, U.S . Navy Reserve, Reuters, . Treasury, Republicans, Biden DOJ, University of Tennessee, Thomson Locations: U.S, Delaware, Ukraine, China, Washington, Wilmington , Delaware

☆ U.S. House votes down Republican motion to censure Democrat Adam Schiff
▼ + stars: | 2023-06-14 | by ( Moira Warburton | ) www.reuters.com time to read: +2 min

WASHINGTON, June 14 (Reuters) - The U.S. House of Representatives on Wednesday rejected a Republican effort to censure Representative Adam Schiff, a Democrat who played a leading role in the first impeachment of then-President Donald Trump in 2019. The Republican-controlled chamber defeated the motion by a vote of 225 to 196, with 20 Republicans joining 205 Democrats in opposition. Schiff is running for California's Senate seat in 2024 and sent a fundraising email based on Wednesday's censure move. Republican Representative Paul Gosar was censured in 2021 after he posted a cartoon video that showed him killing Democratic Representative Alexandria Ocasio-Cortez, the first time the censure had been used in a decade. In a letter to Democratic colleagues, Schiff called the motion "not only a terrible misuse of House precedent and resources, but a clear attack on our constitutional system of checks and balances."

Persons: Adam Schiff, Donald Trump, Anna Paulina Luna, Matt Gaetz, Lauren Boebert, Schiff, Paul Gosar, Alexandria Ocasio, Cortez, Trump, Moira Warburton, Andy Sullivan, David Gregorio Our Organizations: U.S . House, Republican, Democrat, Republicans, Senate, Democratic, House, U.S . Capitol, Thomson Locations: Ukraine, Washington

The fresh data offer the latest evidence that the Fed’s push to control rapid price increases is beginning to work. Investors have been betting that Fed officials will leave rates unchanged at their meeting this week, breaking their long streak of increases. Even so, many investors continue to expect that Fed officials will restart rate increases in July. That “core” price index rose 5.3 percent in May compared with a year earlier. And price increases for goods excluding motor vehicles remained positive, instead of subtracting from inflation as some economists have been expecting.

Persons: “, ” Laura Rosner, Warburton, Airfares, Ms, Rosner, Jerome H, Powell Organizations: Federal Reserve, Fed, Mortgage, Association

WASHINGTON, June 9 (Reuters) - A surprise Supreme Court ruling on Thursday has handed Democrats a potential boost in the 2024 congressional race by calling into question the constitutionality of Republican-drawn electoral districts throughout the U.S. South. That could force Alabama to redraw its seven House districts so that two would contain Black majorities or near-majorities, up from one now. Analysts said that would give Democrats a greater chance of winning seats across the South, where voting often breaks down along racial lines. Democrats said the ruling would give them a greater chance at winning back the chamber in the November 2024 election. "This decision will affect redistricting cases across the country and help deliver a House of Representatives that better reflects the diversity of our nation," said Suzan DelBene, chair of the Democrats' House campaign arm.

Persons: Suzan DelBene, Jack Pandol, Terri Sewell, Gram Slattery, Moira Warburton, Andy Sullivan, Stephen Coates Organizations: Republican, Analysts, Republicans, Representatives, Democrats, House, Democratic, Thomson Locations: U.S, Alabama, Washington, Louisiana, North Carolina, Alabama's

☆ Voting Rights Act survives at US Supreme Court but more challenges loom
▼ + stars: | 2023-06-09 | by ( John Kruzel | ) www.reuters.com time to read: +6 min

Election law expert Ned Foley of Ohio State University's Moritz College of Law called the ruling "a hugely important development for both the Voting Rights Act and the Supreme Court more broadly." The decision requires Alabama to draw a second U.S. House of Representatives district where Black voters comprise a majority or close to it. The Voting Rights Act was passed at a time when Southern states including Alabama enforced policies blocking Black people from casting ballots. Nearly six decades later, the Supreme Court continues to hear cases involving Black voters suing over electoral maps they argue diminish their influence. Thursday's ruling centered upon Section 2 of the Voting Rights Act, a provision aimed at countering measures that result in racial bias in voting even absent racist intent.

Persons: John Roberts, Brett Kavanaugh, Ned Foley, Roberts, Kavanaugh, Foley, Samuel Alito, Clarence Thomas, Amy Coney Barrett, Neil Gorsuch, Terri Sewell, Marc Elias, Elias, Brennan, Alabama, Deuel Ross, Ross, Gotell Faulks, Faulks, John Kruzel, Moira Warburton, Will Dunham Organizations: U.S, Supreme, Conservative, Republican, Ohio State University's Moritz College of Law, Alabama, U.S . House, Representatives, Black House Democrat, Democratic, Black voters, Black, Brennan Center for Justice, New York, American Civil Liberties, Thomson Locations: Alabama, U.S, Black, Louisiana, Constitution's, Montgomery, Jackson, Baton Rouge

☆ Factbox: Who is Mike Pence, Republican 2024 presidential hopeful?
▼ + stars: | 2023-06-07 | by ( Tim Reid | ) www.reuters.com time to read: +3 min

June 7 (Reuters) - Former U.S. Vice President Mike Pence will formally announce his candidacy for the 2024 Republican presidential nomination on Wednesday, setting him up for a battle with the man he once loyally stood by - former President Donald Trump. He became disillusioned with the party while in college and inspired by former President Ronald Reagan, switched to the Republican Party. He ran for governor of Indiana in 2012, narrowly winning election, and assumed office in January 2013. TRUMP'S VICE PRESIDENTPence dropped out of his gubernatorial re-election bid in 2016 to become Trump's vice presidential running mate. As vice president, Pence oversaw the certification in his ceremonial role as president of the U.S. Senate.

Persons: Mike Pence, Donald Trump, Pence, Ronald Reagan, Democrat Joe Biden, Trump, Trump's, Tim Reid, Moira Warburton, Ross Colvin, Grant McCool Organizations: Former U.S, CONSERVATIVE, Democrat, Republican Party, Congress, U.S . House, Representatives, INDIANA, Republican, Trump, U.S . Senate, U.S . Capitol, Capitol, Thomson Locations: Former, U.S, Indiana, Trump, Iowa

☆ US House conservatives revolt against leadership, block gas stove bill
▼ + stars: | 2023-06-06 | by ( ) www.reuters.com time to read: 1 min

WASHINGTON, June 6 (Reuters) - A group of about a dozen Republicans in the U.S. House of Representatives on Tuesday staged a revolt against their leadership by blocking consideration of a bill related to the regulation of gas-fueled stoves. The move was in retaliation for Speaker Kevin McCarthy's deal with Democratic President Joe Biden on raising the U.S. debt limit, according to some Republican lawmakers. Reporting by Richard Cowan and Moira Warburton; Editing by Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.

Persons: Kevin McCarthy's, Joe Biden, Richard Cowan, Moira Warburton, Leslie Adler Organizations: U.S . House, Democratic, Thomson Locations: U.S

"We are avoiding default tonight," Senate Majority Leader Chuck Schumer said on Thursday as he steered the legislation through his 100-member chamber. "In the coming months, Senate Republicans will continue working to provide for the common defense and control Washington Democrats’ reckless spending," he said in a statement. McConnell was referring to 12 bills Congress will work on over the summer to fund government programs in the fiscal year beginning Oct. 1, which will also carry out the broad instructions of the debt limit bill. Unlike most other developed countries, the United States limits the amount of debt the government can borrow, regardless of any spending allocated by the legislature. The last time the United States came this close to default was in 2011.

Persons: Joe Biden, Chuck Schumer, Biden, Kevin McCarthy, Mitch McConnell, McConnell, Janet Yellen, Schumer, McCarthy, Yellen, Roger Marshall, Richard Cowan, David Morgan, Moira Warburton, Gram Slattery, Scott Malone, Alistair Bell, Diane Craft, Kieran Murray, William Mallard Organizations: U.S, Senate, Representatives, Republicans, The Treasury Department, Democratic, Republican, Washington Democrats, Social Security, Treasury, Russia, Office, Thomson Locations: United States, America, West Virginia, U.S, Mexico, Ukraine, China, Russia

REUTERS/Jonathan ErnstWASHINGTON, June 1 (Reuters) - The U.S. Senate will stay in session until it passes a bill to lift the government's $31.4 trillion debt ceiling, Democratic Majority Leader Chuck Schumer said on Thursday. Schumer said on Wednesday that the Senate would not make any amendments on the bill, which would send it back to the House for re-approval. The Republican-controlled House passed the bill on Wednesday evening in a 314-117 vote. His counterpart, Senate Republican Leader Mitch McConnell, also signaled on Wednesday that he would work for fast passage, saying, "I'll be proud to support it without delay." Chastising House Republican negotiators for agreeing to what he sees as a weak compromise with Democrats, Lee lamented, "With Republicans like these, who needs Democrats?"

Persons: Chuck Schumer, Jonathan Ernst WASHINGTON, Joe Biden, Schumer, Biden, Kevin McCarthy, McCarthy, Mitch McConnell, McConnell, John Thune, “ There’ll, ”, Rand Paul, Mike Lee, Lee, surrogates, Richard Cowan, David Morgan, Scott Malone, Alistair Bell Organizations: U.S, Democratic, Capitol, REUTERS, Senate, Republican, Republicans, House, Treasury Department, CBS News, Biden, Thomson Locations: Washington , U.S, United States

WASHINGTON, May 31 (Reuters) - A divided U.S. House of Representatives passed a bill to suspend the $31.4 trillion debt ceiling on Wednesday, with majority support from both Democrats and Republicans to overcome opposition led by hardline conservatives and avoid a catastrophic default. The measure, a compromise between Biden and House Speaker Kevin McCarthy, drew opposition from 71 hardline Republicans. Progressive Democrats - who along with Biden had resisted negotiating over the debt ceiling - oppose the bill for a few reasons, including new work requirements from some federal anti-poverty programs. Senator Bernie Sanders, a progressive independent who caucuses with the Democrats, said he would oppose the bill due to inclusion of an energy pipeline and extra work requirements. The debt-ceiling standoff prompted ratings agencies to warn that they might downgrade U.S. debt, which underpins the global financial system.

Persons: Joe Biden's, Biden, Kevin McCarthy, Chip Roy, Jim McGovern, Chuck Schumer, Mitch McConnell, Schumer, Rand Paul, Bernie Sanders, Sanders, White, DBRS Morningstar, Fitch, David Morgan, Richard Cowan, Moira Warburton, Gram Slattery, Julio, Cesar Chavez, Kanishka Singh, Scott Malone, Rosalba O'Brien, Alistair Bell, Diane Craft Organizations: House, Republicans, Republican, Senate, Caucus, Progressive Democrats, Democratic, Office, NEXT, Twitter, Internal Revenue Service, P Global, Thomson Locations: United States

WASHINGTON, May 31 (Reuters) - A bill to suspend the U.S. government's $31.4 trillion debt ceiling and avert a disastrous default cleared a key procedural hurdle in the House of Representatives on Wednesday, setting the stage for an vote on the bipartisan debt deal itself. The procedural vote, which allows for the start of debate and then a vote on the bill itself, passed by a vote of 241-187, with 52 Democrats needed to overcome the opposition of 29 Republicans. [1/6] U.S. House Speaker Kevin McCarthy (R-CA) returns to his office from the House floor at the U.S. Capitol ahead of an expected vote in the U.S. House of Representatives on a bill raising the federal government's $31.4 trillion debt ceiling, in Washington, U.S., May 31, 2023. "I cannot, in good conscience, vote for the debt ceiling deal," Sanders said on Twitter. White House Budget Director Shalanda Young, who was one of Biden's lead negotiators, urged Congress to pass the bill.

Persons: Kevin McCarthy's, Joe Biden's, McCarthy, Biden, Chuck Schumer, Mitch McConnell, Schumer, Chip Roy, Roy, Kevin McCarthy, Julia Nikhinson, Rand Paul, Bernie Sanders, Sanders, Shalanda Young, Biden's, Young, White, David Morgan, Richard Cowan, Moira Warburton, Julio, Cesar Chavez, Kanishka Singh, Scott Malone, Rosalba O'Brien, Alistair Bell Organizations: Kevin McCarthy's Republicans, Senate, Treasury, Republican, Office, ., U.S, Capitol, U.S . House, REUTERS, Twitter, White, Republicans, Internal Revenue Service, Democratic, Thomson Locations: U.S, Washington , U.S, Washington

The House Rules Committee late on Tuesday, in the first procedural vote on the contentious legislation, cleared the measure for debate in the full House on Wednesday. The solid Democratic opposition is not necessarily indicative of how the party would vote on the bill itself. "We are certainly punching above our weight," she told her fellow House Republicans. [1/4] U.S. House Speaker Kevin McCarthy (R-CA) returns to his office from the House floor at the U.S. Capitol ahead of an expected vote in the U.S. House of Representatives on a bill raising the federal government's $31.4 trillion debt ceiling, in Washington, U.S., May 31, 2023. White House Budget Director Shalanda Young, who was one of Biden's lead negotiators, urged Congress to pass the bill.

Persons: Kevin McCarthy's, Joe Biden's, McCarthy, Biden, Chip Roy, Roy, Erin Houchin, Kevin McCarthy, Julia Nikhinson, Republican Mitt Romney, Dick Durbin, Shalanda Young, Biden's, Young, White, David Morgan, Richard Cowan, Moira Warburton, Julio, Cesar Chavez, Scott Malone, Rosalba O'Brien, Alistair Bell Organizations: U.S . House, Kevin McCarthy's Republicans, Twitter, Democratic, Treasury, Republican, White, Senate, Republicans, Office, ., U.S, Capitol, REUTERS, Senators, National Institutes of Health, Internal Revenue Service, Thomson Locations: U.S, Washington , U.S, Washington

The House Rules Committee late on Tuesday, in the first procedural vote on the contentious legislation, cleared the measure for debate in the full House on Wednesday. The solid Democratic opposition is not necessarily indicative of how the party would vote on the bill itself. "We are certainly punching above our weight," she told her fellow House Republicans. A successful House vote would send the bill to the Senate, where debate and voting could stretch into the weekend, especially if any one of the 100 senators try to slow its passage. White House Budget Director Shalanda Young, who was one of Biden's lead negotiators, urged Congress to pass the bill.

Persons: Kevin McCarthy's, Joe Biden's, McCarthy, Biden, Chip Roy, Roy, Erin Houchin, Republican Mitt Romney, Dick Durbin, Shalanda Young, Biden's, Young, White, David Morgan, Richard Cowan, Moira Warburton, Julio, Cesar Chavez, Scott Malone, Himani Sarkar, Rosalba O'Brien Organizations: U.S . House, Kevin McCarthy's Republicans, Twitter, Democratic, Treasury, Republican, White, Senate, Republicans, Office, Senators, National Institutes of Health, Internal Revenue Service, Thomson Locations: U.S, Washington

The solid Democratic opposition is not necessarily indicative of how the 213-member party caucus would vote on the bill itself. But reflecting party divisions, Representative Erin Houchin countered that despite Democratic control of the White House and Senate, the bill would achieve significant Republican spending cuts. "We are certainly punching above our weight," she told her fellow House Republicans. White House Budget Director Shalanda Young, who was one of Biden's lead negotiators, urged Congress to pass the bill. A successful House vote would send the bill to the Senate, where debate and voting could stretch into the weekend, especially if any one of the 100 senators try to slow its passage.

Persons: Kevin McCarthy's, Joe Biden's, Biden, Chip Roy, Roy, Erin Houchin, Republican Mitt Romney, McCarthy, Dick Durbin, Shalanda Young, Biden's, Young, White, Richard Cowan, Moira Warburton, David Morgan, Scott Malone, Himani Organizations: U.S . House, Kevin McCarthy's Republicans, Democratic, Treasury, Republican, White, Senate, Republicans, Office, National Institutes of Health, Internal Revenue Service, Thomson Locations: U.S, Washington

That vote underscored the need for Democrats to help pass the measure in the House, which is controlled by Republicans with a narrow 222-213 majority. The Congressional Budget Office also said the measure, if enacted into law, would reduce interest on the public debt by $188 billion. Many Democrats in Congress did not want Biden to engage in budget-cutting negotiations with Republicans until they lifted their hold on enacting a debt limit bill. Jacquelyn Martin/Pool via REUTERS/File PhotoWhite House Budget Director Shalanda Young, who was one of Biden's lead negotiators, urged Congress to pass the bill. The debt-ceiling standoff prompted ratings agencies to warn that they might downgrade U.S. debt, which underpins the global financial system.

Persons: Joe Biden, Kevin McCarthy, Chip Roy, Ralph Norman, Biden, McCarthy, we've, Wednesday's, Hakeem Jeffries, Calif, Jacquelyn Martin, Shalanda Young, Biden's, Young, Republican Mike Lee, White, Moira Warburton, David Morgan, Richard Cowan, Steve Holland, Gram Slattery, Scott Malone, Mark Porter, Matthew Lewis, Gerry Doyle, Himani Organizations: Republicans, Senate, Treasury Department, Treasury, Congressional, Republican, Democratic, Capitol, Internal Revenue Service, Thomson Locations: U.S, Washington

☆ McConnell says he expects debt ceiling bill to pass House on Wednesday
▼ + stars: | 2023-05-31 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Jon CherryWASHINGTON, May 31 (Reuters) - U.S. Senate Republican leader Mitch McConnell said he expected the debt ceiling bill to pass the House of Representatives on Wednesday and come to the Senate as soon as Thursday. "We anticipate the bill passing and coming over to us as soon as tomorrow," McConnell told reporters at the U.S. Capitol. The U.S. House of Representatives is due to vote on Wednesday on a bill to lift the government's $31.4 trillion debt ceiling, a critical step to avoid a destabilizing default that could come early next week without congressional action. McConnell said he hoped the Senate could finish the bill on Thursday or Friday and thinks the bill should be supported. Reporting by Richard Cowan, Moira Warburton and Katharine Jackson; Writing by Doina Chiacu; Editing by Chizu NomiyamaOur Standards: The Thomson Reuters Trust Principles.

Persons: Jon Cherry WASHINGTON, Mitch McConnell, McConnell, Richard Cowan, Moira Warburton, Katharine Jackson, Doina Chiacu, Chizu Organizations: U.S . Capitol, REUTERS, U.S, Senate Republican, U.S . House, Thomson Locations: Washington , DC

☆ US House committee votes to advance debt ceiling bill
▼ + stars: | 2023-05-31 | by ( ) www.reuters.com time to read: 1 min

[1/2] The U.S. Capitol's dome is reflected in a puddle, in the midst of an ongoing legislative effort to raise the United States' debt ceiling and avoid a catastrophic default, in Washington, U.S. May 30, 2023. REUTERS/Jonathan ErnstWASHINGTON, May 30 (Reuters) - A bill to suspend the $31.4 trillion U.S. debt ceiling and avert a disastrous default advanced on Tuesday when a key House of Representatives committee voted to send it to the full chamber for a Wednesday vote. The Republican-controlled House Rules Committee voted 7-6 to advance the bill to the floor for a vote on Wednesday. Reporting by Moira Warburton and Kanishka Singh; Editing by Scott MaloneOur Standards: The Thomson Reuters Trust Principles.

Persons: Jonathan Ernst WASHINGTON, Moira Warburton, Kanishka Singh, Scott Malone Organizations: REUTERS, Republican, Thomson Locations: U.S, United States, Washington , U.S

McCarthy called the bill the "most conservative deal we've ever had." The pair, Representatives Chip Roy and Ralph Norman, said they may vote against it if it is not changed to their liking. "I think it's important to keep in mind the debt limit bill itself does not spend money," he wrote on Twitter. A successful vote there would set up a vote by the full House on Wednesday. The debt-ceiling standoff prompted ratings agencies to warn that they might downgrade U.S. debt, which underpins the global financial system.

Persons: Joe Biden, Kevin McCarthy, Calif, Jacquelyn Martin, McCarthy, we've, Chip Roy, Ralph Norman, Roy, MASSIE, Thomas Massie, Biden, Hakeem Jeffries, Jeffries, Republican Mike Lee, White, Moira Warburton, David Morgan, Richard Cowan, Gram Slattery, Andy Sullivan, Scott Malone, Matthew Lewis, Mark Porter Organizations: Capitol, WASHINGTON, Republican, Democratic, U.S . Treasury Department, Republicans, Twitter, Top, Internal Revenue Service, Thomson Locations: Washington

Representative Stephanie Bice, a Republican vote counter, said she was confident it would pass. "I think it's important to keep in mind the debt limit bill itself does not spend money," he wrote on Twitter. At least one, Representative Mary Gay Scanlon, is a member of a moderate group that supports the deal. The debt-ceiling standoff prompted ratings agencies to warn they might downgrade U.S. debt, which underpins the global financial system. Reporting by Moira Warburton and Andy Sullivan; Editing by Kieran Murray and Chris ReeseOur Standards: The Thomson Reuters Trust Principles.

WASHINGTON, May 28 (Reuters) - U.S. President Joe Biden on Sunday finalized a budget agreement with House Speaker Kevin McCarthy to suspend the $31.4 trillion debt ceiling until Jan. 1, 2025, and said the deal was ready to move to Congress for a vote. The deal, if approved, will prevent the U.S. government from defaulting on its debt and comes after weeks of heated negotiations between Biden and House Republicans. "I strongly urge both chambers to pass that agreement," Biden said, adding that he expected McCarthy to have the necessary votes for the deal to pass. The deal has drawn fire from hardline Republicans and progressive Democrats, but Biden and McCarthy are banking on getting enough votes from both sides. McCarthy dismissed threats of opposition within his own party, saying "over 95%" of House Republicans were "overwhelmingly excited" about the deal.

WASHINGTON, May 28 (Reuters) - U.S. President Joe Biden said on Sunday he had finalized a budget agreement with U.S. House Speaker Kevin McCarthy to suspend the $31.4 trillion debt ceiling and that the deal was ready to move to Congress for a vote. "I strongly urge both chambers to pass that agreement," Biden said, adding that he expected McCarthy to have the necessary votes for the deal to pass. The deal has drawn fire from hardline Republicans and progressive Democrats, but Biden and McCarthy believe they have enough votes from moderates on both sides. [1/2] U.S. President Joe Biden speaks on his deal with House Speaker Kevin McCarthy (R-CA) to raise the United States' debt ceiling at the White House in Washington, U.S., May 28, 2023. But McCarthy dismissed threats of opposition within his own party, saying "over 95%" of House Republicans were "overwhelmingly excited" about the deal.

Hours later, the Democratic president said he was confident the legislation would pass both chambers of Congress to avoid a U.S. government default. Biden and McCarthy were due to speak later on Sunday to finalize the agreement, which has drawn fire from hardline Republicans and progressive Democrats. House Republicans expected on Sunday to unveil legislation to pass the deal. But McCarthy dismissed threats of opposition within his own party, saying "over 95%" of House Republicans were "overwhelmingly excited" about the deal. The deal would also impose a 1% across-the-board spending cut should Congress fail to enact 12 appropriations bills by Oct. 1.

[1/3] U.S. President Joe Biden hosts debt limit talks with U.S. House Speaker Kevin McCarthy (R-CA) in the Oval Office at the White House in Washington, U.S., May 22, 2023. Here's what we know so far:A CAP ON DISCRETIONARY SPENDINGThe deal would suspend the $31.4 trillion debt ceiling until January of 2025, allowing the U.S. government to pay its bills. Republicans have told their members that non-defense discretionary spending would be cut to 2022 levels, apart from veterans' healthcare, which would remain fully funded. The U.S. government will spend $936 billion on non-defense discretionary spending in 2023. However, other sources say the deal codifies relief from student loan payments while Biden's executive action providing up to $20,000 of debt relief per borrower is under review by the Supreme Court.

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