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☆ Schumer seeks to fast-track debt ceiling bill through Senate
▼ + stars: | 2023-06-01 | by ( Christina Wilkie | In | ) www.cnbc.com time to read: +4 min

US Senate Majority Leader Chuck Schumer (D-NY) speaks during a news conference following Senate Democrat policy luncheons at the US Capitol in Washington, DC, on May 31, 2023. "The Senate will stay in session until we send a bill avoiding default to President Biden's desk, we will keep working until the job is done," Schumer, D-N.Y., said on the Senate floor at the opening of Thursday's session. WASHINGTON — Senate Majority Leader Chuck Schumer will attempt to fast-track a bill through the Senate on Thursday to raise the debt limit for two years and cap government spending, as the U.S. barrels toward a June 5 deadline to avert a debt default. In exchange for giving their amendments a separate vote, McConnell hopes holdouts will agree to proceed with a full Senate vote on the debt ceiling bill before the weekend. Passing the debt limit compromise bill and sending it to President Joe Biden for his signature would "soothe the country and soothe the markets," McConnell said.

Persons: Chuck Schumer, luncheons, Biden's, Schumer, Utah Republican Mike Lee, Kentucky Republican Rand Paul, Tim Kaine, Kaine, Lee, Janet Yellen, Mitch McConnell, McConnell, holdouts, Paul, Joe Biden, Kevin McCarthy, Biden Organizations: Republican, Democratic, Utah Republican, Kentucky Republican, Management, Budget, Capitol, Schumer, Republicans Locations: Washington ,, WASHINGTON, U.S, Utah, Kentucky, Virginia, West Virginia, United States

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

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.

Florida Governor Ron DeSantis, a candidate for the Republican 2024 presidential nomination, said the deal does not do enough to change the fiscal trajectory. "After this deal, our country will still be careening toward bankruptcy," he said on Fox News. There's no question about that," said Republican Representative Dusty Johnson, who said he had talked to dozens of fellow lawmakers. Some $4 trillion in debt for - at best - a two-year spending freeze and no serious substantive policy reforms," Roy wrote on Twitter. McCarthy has predicted it will draw the support of most of his fellow Republicans, who control the House 222-213.

☆ Republicans speak out against U.S. debt-ceiling deal, in sign of rocky road ahead
▼ + stars: | 2023-05-29 | by ( ) www.cnbc.com time to read: +5 min

Florida Governor Ron DeSantis, a candidate for the Republican 2024 presidential nomination, said the deal does not do enough to change the fiscal trajectory. "After this deal, our country will still be careening toward bankruptcy," he said on Fox News. There's no question about that," said Republican Representative Dusty Johnson, who said he had talked to dozens of fellow lawmakers. McCarthy has predicted it will draw the support of most of his fellow Republicans, who control the House 222-213. Most of the savings would come by capping spending on domestic programs like housing, border control, scientific research and other forms of "discretionary" spending.

"Things are looking good," Biden told reporters. "I'm hopeful," said McHenry, one of House of Representatives Speaker Kevin McCarthy's lead negotiators with the White House. Negotiators are discussing a deal that would lift the limit for two years, but remain at odds over whether to stiffen work requirements for some anti-poverty programs. WORK REQUIREMENTS IN DISPUTEThe safety-net programs remained a sticking point. Biden in particular has resisted the work requirements for Medicaid, which covered 85 million Americans as of January.

☆ White House and Republicans reach a tentative deal to avoid U.S. default
▼ + stars: | 2023-05-27 | by ( Christina Wilkie | In | ) www.cnbc.com time to read: +5 min

WASHINGTON — House Republicans reached a tentative deal with the White House on Saturday night to raise the nation's borrowing limit and avoid a catastrophic default on U.S. sovereign debt. "I expect to finish the writing of the bill, checking with the White House and speaking to the president again tomorrow afternoon," said the California Republican, "Then posting the text of it tomorrow, and then be voting on it on Wednesday." The White House has invited all House Democrats to attend a virtual briefing on Sunday afternoon, presumably to explain what is in the deal and urge Democrats to vote for it. Nonetheless, many Republicans have come to view the biennial vote to raise the debt limit as an opportunity to extract concessions from Democrats in exchange for their votes to avoid a debt default. Unless the debt limit were raised in time and the government was allowed to borrow more, "Our projected resources would be inadequate to satisfy all of these obligations."

[1/2] Saudi Crown Prince Mohammed bin Salman attends an Arab summit with U.S. President Joe Biden (not seen), in Jeddah, Saudi Arabia, July 16, 2022. If the resolution passes, the administration must submit the report within 30 days, or all security assistance to the country automatically stops. After the report is received, the act stipulates that Congress may adopt a joint resolution terminating, restricting or continuing security assistance to that country. Aides said it was too soon to assess how the resolution would be received, but they hoped it would trigger a broader conversation about human rights. Murphy, long a vocal critic of the conflict in Yemen and Riyadh's record on human rights, praised Biden for being willing to reassess ties.

☆ Fact Check-Most Democrat wins for U.S. Senate races were called by Nov. 9; Dems did not ‘only’ win in states with mail in voting
▼ + stars: | 2022-11-16 | by ( Reuters Fact Check | ) www.reuters.com time to read: +6 min

For the midterm election on Nov. 8, there were 35 states that had Senate races. Delays were seen in Arizona and Nevada, where the Senate races were called for Democrats on Nov. 11 and Nov. 12 respectively. All four projected Democrat wins for the Senate races on election night, after the polls closed. In Illinois and Maryland, known as “Solid Democratic” states, the Senate race was called on election day. Only two of 14 U.S. Senate races resulting in Democrat wins in states that allow mail-in voting were not called by Nov 9.

☆ În timp ce Capitoliul era sub asediu, Trump îi suna pe senatorii ascunși în birouri, să întoarcă rezultatul votului
▼ + stars: | 2021-01-09 | by ( ) www.jurnal.md time to read: +2 min

Senatorul Lee a răspuns și Trump s-a prezentat, dar în scurt timp a devenit clar că președintele îl căuta de fapt pe senatorul Tommy Tuberville și i se dăduse numărul greșit. Ținându-l pe Trump în receptor, Lee a mers după Tuberville, spunându-i că îl caută președintele. Al doilea apel pe telefonul senatorului Mike Lee a venit de la Rudy Giuliani, avocatul lui Donald Trump. Cabinetul senatorului Lee a confirmat pentru CNN că și acest apel era tot pentru senatorul Tommy Tuberville și că mesajul era similar cu cel primit de un alt senator republican. Transcriptul mesajului audio lăsat de Giuliani a fost publicat de un site conservator, The Dispatch, scrie CNN:„Senatorul Tuberville?

Persons: Președintele Donald Trump, Mike Lee, Trump, Senatorul Lee, Tommy Tuberville, Lee, Tuberville, Donald Trump, Joe Biden, Rudy Giuliani, Donald Trump . Lee, Giuliani, CNN Organizations: CNN, Electoral, Trump Locations: Statelor Unite, republican, Arizona

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