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The House is leaving town Thursday having made little to no progress toward keeping the government funded this week, as a Sept. 30 deadline to avert a shutdown looms large. And as the clock ticks to avert a government shutdown, paired with continued disagreement about spending levels, passing all 12 spending bills in time appears nearly out of the question. Political Cartoons on the Economy View All 592 ImagesThe lack of progress this week means the House will likely need to pass a continuing resolution to extend its deadline. That move delivered a key priority to the conservatives in his conference who have long been pushing for a Biden impeachment. But the intraparty difficulties persisted throughout the week, despite the Biden impeachment inquiry offering, spelling trouble for virtually any plan to avert a shutdown.

Persons: irritations, Kevin McCarthy, “, ” McCarthy, McCarthy, Matt Gaetz, ”, we’re, –, Hakeem Jeffries, ” “, MAGA, ” Jeffries, Joe Biden, Biden Organizations: Capitol, California Republican, Department of Defense, Caucus, Senate, Republicans, Republican, MAGA Republicans, Biden

☆ The most predictable impeachment investigation in American history
▼ + stars: | 2023-09-13 | by ( Stephen Collinson | ) edition.cnn.com time to read: +13 min

CNN —The initiation of an impeachment investigation against a president ought to be an earthshaking moment in the nation’s history. Republicans could use an impeachment investigation of the president to fuel public suspicion over Hunter Biden’s cascading controversies. But the coming impeachment investigation represents a gamble for Republicans since it could cause a backlash in moderate districts that their majority depends on. Ian Sams, a White House spokesman for oversight and investigations, blasted the impeachment investigation as “extreme politics at its worst.”But the strain of an impeachment inquiry is hardly the way the White House would have preferred to prepare for election year. If the impeachment investigation does uncover more direct involvement of Joe Biden, condemnations of McCarthy’s action may have been premature.

Persons: Kevin McCarthy, Joe Biden, McCarthy, –, Biden, thrall, Trump, It’s, “, Hunter, They’ll, McCarthy’s, Joe Biden’s, Ian Sams, Hunter Biden’s, David Ignatius, didn’t, Kamala Harris, Democratic Sen, Dick Durbin, Hunter Biden, Jared Kushner, Nancy Pelosi, Alexander Hamilton, impeachments, ”, it’s, Matt Gaetz, Bill Clinton, Monica Lewinsky, Trump’s, Richard Nixon, David Bateman, Clinton, ” Bateman, there’s, who’s, Chris Christie, CNN’s Jake Tapper, Biden augured, Dan Newhouse, Pelosi, Will, ” McCarthy Organizations: CNN, Republican, GOP, White, Trump, California Republican, Mar, Republicans, Washington Post, Democratic, Representatives, ”, Clinton, Lawmakers, Cornell University, New, Washington, Senate Locations: United States, California, China, Ukraine, –, Florida, New Jersey

House Speaker Kevin McCarthy, facing growing pressure from the right flank of his conference, announced on Tuesday he is directing committee leaders to open an impeachment inquiry into President Joe Biden, citing a “culture of corruption” around the chief executive. “Today, I am directing our House committee to open a formal impeachment inquiry into President Joe Biden,” McCarthy said at a press conference. But until now, the inquiry was not guaranteed, especially as it remained unclear whether vulnerable Republicans in swing districts that Biden won in the last election would vote to open the impeachment inquiry into the president. But other Republicans have opposed launching an impeachment inquiry. Rep. Ken Buck of Colorado has argued that the House lacks evidence connecting Biden to his son’s foreign business dealings.

Persons: Kevin McCarthy, Joe Biden, ” McCarthy, Biden, McCarthy, James Comer, Jim Jordan, Jason Smith, “, Marjorie Taylor Greene, Matt Gaetz, Hunter, Greene, Ken Buck Organizations: “, California Republican, GOP, Caucus, Marjorie Taylor Greene of Georgia Locations: California, Marjorie Taylor Greene of, Florida, Colorado

☆ McCarthy needs to pull off his most impossible balancing act yet
▼ + stars: | 2023-09-12 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

That’s why, today, I am directing our House committee to open a formal impeachment inquiry into President Joe Biden,” McCarthy said. The confrontation could trigger a government shutdown in the coming months – a potential political headache for McCarthy heading into an election year. So even if he wanted to initiate impeachment against Biden to save himself, McCarthy may not have the power to do it. It’s often been impossible to see a clear path ahead in which McCarthy can appease competing political forces with the minuscule majority Republicans secured in last year’s midterm elections. Ahead of an autumn that could turn into a political migraine for McCarthy, he is back in a familiar position.

Persons: Kevin McCarthy, McCarthy, Joe Biden, –, Donald Trump, Biden, ” McCarthy, Trump, Matt Gaetz, —, Vladimir Putin’s, Mitch McConnell, McCarthy’s, Chip Roy, ” Roy, Trump’s, Hunter, Gaetz, “ We’ve, ”, who’s, Matt Gaetz's, Marjorie Taylor Greene, ” Greene, Ken Buck, doesn’t, CNN CNN’s Zanona, Annie Grayer, don’t, It’s, he’s Organizations: CNN, GOP, Biden, Republican Party, Capitol, Representatives, Republicans, Republican, Florida, Trump, Freedom Caucus, Senate Republican, Kentucky Republican, Democratic, Caucus, Texas Rep, Senate, Democratic White House, House Republicans, California Republican, Georgia, holdouts, Committee Locations: California, Washington, Ukraine, Taiwan, Florida, Colorado, Buck

Yet several hard-right conservatives told CNN they are prepared to take down the rule over the spending bill if their demands aren’t met. Democrats are already trying to pin the blame on any shutdown on the House GOP. Ukraine funding a key flashpoint in HouseHow McCarthy deals with the immediate spending demands remains to be seen, including whether he’ll agree to pair the short-term spending bill with any aid to Ukraine. Simpson said of tying Ukraine aid to the short-term spending bill: “That’s a tougher sell. “Once you get truly into the presidential cycle, everything gets that much more difficult.”Hardliners may upend McCarthy’s strategyHard-line conservatives are already threatening to make McCarthy’s calculus more complicated if he cuts a short-term spending deal with Democrats.

Persons: Kevin McCarthy, McCarthy, It’s, ” McCarthy, Department of Homeland Security –, Joe Biden, Ukraine –, aren’t, Mike Simpson of, ” Simpson, Don Bacon, Biden, “, ”, Chuck Schumer, Mitch McConnell, Kevin Hern of, Hern, Simpson, Vladimir Putin’s, we’re, Sen, Tammy Duckworth, upend, Ralph Norman –, –, hasn’t, Matt Gaetz, Bob Good, Darrell Issa, ” Issa Organizations: CNN, GOP, White, Department of Homeland Security, White House, Democrats, ”, Senate, Republican, Republican Party, Party, Illinois Democrat, South Carolina Republican, Virginia Locations: Ukraine, Mike Simpson of Idaho, Washington, Nebraska, Kevin Hern of Oklahoma, Illinois, Florida, California

☆ McCarthy starts to plot Biden impeachment strategy while GOP skeptics remain
▼ + stars: | 2023-08-28 | by ( Melanie Zanona | ) edition.cnn.com time to read: +8 min

“I don’t believe that a vote of the House is required to open an impeachment inquiry,” GOP Florida Rep. Matt Gaetz, who supports a Biden impeachment and sits on the House Judiciary Committee, told CNN. Another factor that could complicate the fall timeline for an impeachment inquiry: Government funding expires at the end of September. Officially moving ahead with an impeachment inquiry could help keep angry conservatives off McCarthy’s back. During the call, one skeptical committee member pressed Jordan on the purpose of an impeachment inquiry, according to a source on the call. “The Republicans in Congress, though well meaning, keep talking about an Impeachment ‘Inquiry’ on Crooked Joe Biden.

Persons: Kevin McCarthy, Joe Biden, McCarthy, Biden, House Republicans ’ Hunter Biden, Donald Trump’s, Matt Gaetz, –, ” McCarthy, Hunter Biden, Hunter, General Merrick Garland, Ken Buck, There’s, Maria Bartiromo, Jim Jordan of, Gaetz, “, ” Gaetz, Jordan, Marjorie Taylor Greene, ”, ” Greene, Greene, Trump, Crooked Joe Biden, …, it’s, ” Trump Organizations: CNN —, Republicans, GOP, House Republicans, Republican, Democrats, GOP Florida, Biden, CNN, Fox News, Department of Justice, White House, White, Department, GOP Colorado Rep, Caucus Locations: House, ”, Jim Jordan of Ohio, Iowa

☆ Trump’s surreal arraignment day in Washington augurs ominous days ahead
▼ + stars: | 2023-08-04 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

He was irked, sources familiar with his mindset told CNN’s Kaitlan Collins, that the judge referred to him simply as “Mr. Any alternative Republican president could find themselves besieged by demands from Trump supporters for a pardon that, if granted, could overshadow their entire presidency. The California Republican compared Trump’s behavior to the complaints by supporters of past Democratic presidential nominees Al Gore and Hillary Clinton, who complained of electoral irregularities. A few Democrats objected to certifying Trump’s election in Congress is 2016, but Clinton did not challenge it in the courts. But their blind spot on Trump’s far worse, Constitution-threatening conduct shows just how far he has changed their party.

Persons: Donald Trump, Trump, –, CNN’s Kaitlan Collins, Jack Smith –, “, ” Trump, pardoning, J, Michael Luttig, ” Luttig, ”, Geoff Duncan, ” Duncan, Richard Nixon, ” Nixon, Smith, Alberto Gonzales, George W, Bush, Ty Cobb, CNN’s Erin Burnett, Cobb, Elliot Williams, Biden’s, Kevin McCarthy, Al Gore, Hillary Clinton, ” McCarthy, Gore, Clinton, Kinzinger, Biden, Hunter Organizations: CNN, Washington, Republican, Capitol, Trump, Justice Department, Department of Justice, White, GOP, California Republican, Democratic, Supreme, CNN Republicans, Republicans Locations: America, United States, New Jersey, Georgia, California, China, Ukraine, Bedminster

CNN —Speaker Kevin McCarthy deflected questions about the additional charges filed Thursday against former President Donald Trump in the case alleging mishandling of classified documents during his time in the White House, instead pointing to President Joe Biden. In his latest defense of Trump, McCarthy questioned why Biden had classified documents from his time as a senator and why the president hasn’t been indicted, but would not engage on the new charges that Trump is facing. “What concerns me is you have a sitting president that has a situation like this, but even worse, that had documents, but nothing’s happened,” McCarthy told CNN’s Manu Raju. Trump, who already faced 37 criminal charges in the case, was charged with an additional count of willful retention of national defense information and two additional obstruction counts. In one recent example, CNN reported earlier this month that McCarthy told Trump in a private phone call that he personally backed the idea of expunging Trump’s two impeachments and would bring it up to the conference to gauge support, a source said.

Persons: Kevin McCarthy, Donald Trump, Joe Biden, Trump, McCarthy, Biden, hasn’t, ” McCarthy, CNN’s Manu Raju, “, there’s, Jack Smith, Walt Nauta, Carlos De Oliveira –, “ it’s Organizations: CNN, Trump, Justice Department, Biden Inc

☆ Kevin McCarthy makes most direct impeachment threat against Biden
▼ + stars: | 2023-07-25 | by ( Jedd Rosche | ) edition.cnn.com time to read: +3 min

CNN —Speaker Kevin McCarthy suggested that House Republicans may be approaching the point where they’d pursue an impeachment investigation into President Joe Biden, the California Republican’s most explicit threat of impeaching the president to date. McCarthy’s comments come amid a series of congressional investigations in the Republican-led House that have targeted Biden, his administration and his family members – most prominently his son Hunter. Hunter Biden has agreed to plead guilty to two federal tax misdemeanors as part of a plea deal. House Republicans have also floated possible impeachment inquiries against Garland and Homeland Security Secretary Alejandro Mayorkas. Republican allegations of political interference in the Hunter Biden probe have been met with adamant denials from Weiss, Garland and other top Justice Department officials who were involved.

Persons: Kevin McCarthy, Joe Biden, “ We’ve, Hannity, ” McCarthy, Fox News ’ Sean Hannity, McCarthy’s, Biden, –, Hunter, David Weiss, Donald Trump, Weiss, General Merrick Garland, Hunter Biden, “, ”, Ian Sams, Garland, Alejandro Mayorkas, Lauren Boebert, impeaching Biden, McCarthy, Jim Jordan of Organizations: CNN, Republicans, Fox News, Republican, House Republicans, Hunter Biden, GOP, Homeland, Trump, Justice Department, Committee, GOP Rep Locations: California, Colorado, Jim Jordan of Ohio

This week, he delivered his most explicit threat yet to Biden, saying their investigations into the Biden family’s business deals appear to be rising to the level of an impeachment inquiry. The only way Congress can do that is go to an impeachment inquiry,” McCarthy said Tuesday, stopping short of formally moving to open such a probe. Nebraska GOP Rep. Don Bacon, whose district Biden carried in 2020, told CNN that the House needs to be deliberate. It’s not good for the country.”In the first Trump impeachment, House Democrats led a number of closed and open hearings before charging Trump with abuse of power and obstructing Congress. Comer confirmed he has been regularly briefing McCarthy on his Hunter Biden probes, which he thinks helped give McCarthy the “confidence” to publicly raise the idea of an impeachment inquiry.

Persons: Kevin McCarthy, Joe Biden, McCarthy, Newt Gingrich, Biden, Hunter Biden’s, Donald Trump, ” McCarthy, Alejandro Mayorkas, General Merrick Garland, Hunter Biden, Mike Johnson, we’re, ” Johnson, “, ”, Andy Ogles, coalescing, Andy Biggs, ” Biggs, we’ve, Bob Good, “ I’m, Ken Buck, Caucus hasn’t, Marjorie Taylor Greene, Tom Williams, impeaching Biden, –, expunge, Ralph Norman, ” Norman, Don Bacon, ” Bacon, Nancy Pelosi, Pelosi, “ Pelosi, Trump, ” Jaime Harrison, Greene, Lauren Boebert, Boebert, ” Boebert, ” Hunter Biden, Fort, Saul Loeb, GOP Sen, Chuck Grassley, Hunter, Burisma, Devon Archer, David Weiss, James Comer, Jim Jordan, Comer, it’s, can’t Organizations: CNN, Republican, Republicans, Biden, House Democrats, Homeland, GOP, Tennessee Republican, Caucus, Democratic, Senate, Democrats, Arizona, ”, Virginia Republican, Georgia Republican, Capitol, Firebrand, South Carolina Republican, Nebraska GOP, Trump, Democrat, Democratic National Party, GOP Rep, Fort McNair, Getty, Iowa, FBI, Justice Department, Hunter Biden, Congress, House Republicans, firebrand Locations: Louisiana, Trump, Ken Buck of Colorado, Georgia, Colorado, Washington ,

CNN —Israeli President Isaac Herzog is set to deliver an address to a joint meeting of Congress on Wednesday, in what is expected to mark a bipartisan show of support for a top strategic ally in the Middle East. There is widespread support for Israel on both sides of the aisle in Congress, but some House Democrats have said they’ll skip the address, citing concerns about human rights. Jayapal, a Washington state Democrat, said “Israel is a racist state” on Saturday while addressing pro-Palestine protesters who interrupted a panel discussion at the Netroots Nation conference in Chicago. “In May, I became the second Speaker of the US House of Representatives in history to address the Israeli Knesset, and now, it is my privilege to host Israeli President Isaac Herzog for a similar honor. The only other President of Israel to share this distinction is his father – President Chaim Herzog – more than 35 years ago,” McCarthy said in a statement at the time.

Persons: Isaac Herzog, Nancy Pelosi, Chuck Schumer, Hakeem Jeffries, Herzog “, Pramila Jayapal, ” Jeffries, Katherine Clark, Pete Aguilar, Ted Lieu, “ Israel, who’s, ” Jayapal, “, Joe Biden, Herzog, Kevin McCarthy, McCarthy, Chaim Herzog –, ” McCarthy Organizations: CNN, Israel, Democrats, West Bank, Democratic, ”, Democratic Rep, Congressional Progressive Caucus, Top, Palestine, Netroots, White Locations: California, New York, Israel, Washington, Chicago, Palestine, America

☆ Trump: Why a third indictment of the former president could be such a profound stain on his legacy
▼ + stars: | 2023-07-19 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

Smith has not tipped his hand over what charges Trump could face. Former Trump lawyer Ty Cobb told CNN’s Erin Burnett on Tuesday that any potential indictment relating to election interference ought to be viewed as a particularly historic stain. How a new indictment could impact the GOP presidential raceThe possibility of another indictment against Trump also raises new political questions. “If you notice recently, President Trump went up in the polls and was actually surpassing President Biden for reelection. A third indictment would also further fuse Trump’s legal campaign and political one.

Persons: Donald Trump, Trump, Jack Smith’s, Smith, who’s, –, “, ” Trump, Joe Biden, ”, Trump’s, Ty Cobb, CNN’s Erin Burnett, ” Cobb, J, Michael Luttig, Jack Smith, ” Luttig, Jeffrey Sloman, Dana Nessel, CNN’s Jake Tapper, Ron DeSantis, we’ll, I’ll, ” DeSantis, Nikki Haley, ” Haley, Kevin McCarthy –, Biden, ” McCarthy, he’s, he’d, Hillary, Aileen Cannon, Cannon, David Harbach Organizations: CNN, Justice Department, GOP, Democratic, Congress, Trump, Law, Southern, Southern District of, Democrat, Wolverine State, Florida Gov, ” Former South Carolina Gov, Fox News, Republican, Capitol, Oval, Republican National Convention Locations: Manhattan, Lago, Florida, Iowa, United States, Southern District, Southern District of Florida, ”, Trump’s, Georgia, Trump

CNN —Advisers and allies to former President Donald Trump are expressing outrage after House Speaker Kevin McCarthy said that he thinks Trump can win in 2024, but does not know if he is the “strongest” candidate. “I’ve been fielding calls on this since it happened,” one Trump ally told CNN, referring to McCarthy’s comments. “The question is, is he the strongest to win the election – I don’t know that answer.”The Speaker also said he believes Trump can beat President Joe Biden. I think if you want to go sheer policy to policy, it’s not good for Republicans, its good for America. Trump’s policies are better, straightforward than Biden policy,” McCarthy said.

Persons: Donald Trump, Kevin McCarthy, Trump, “ I’ve, McCarthy, “, ” McCarthy, Joe Biden, Biden, ”, it’s Organizations: CNN — Advisers, CNN, CNBC, Trump, Republicans, America, Biden

☆ Disney CFO Christine McCarthy steps down
▼ + stars: | 2023-06-15 | by ( Samantha Delouya | ) edition.cnn.com time to read: +1 min

Los Angeles CNN —Disney (DIS) Chief Financial Officer Christine McCarthy is stepping down from her role and taking a family medical leave of absence, the company said Thursday. Kevin Lansberry, the company’s CFO of Parks, Experiences and Products, will step in as interim CFO, effective July 1. “Christine McCarthy is one of the most admired financial executives in America, and her impact on The Walt Disney Company during 23 years of dedicated service cannot be overstated,” Disney CEO Bob Iger said in a statement. McCarthy, who has served as CFO for more than 8 years, will serve as a strategic adviser while on leave and assist with selecting a long-term successor, the company said. “Although I am leaving the CFO role, I look forward to helping with the transition and will always be rooting for the success of my extended Disney family,” McCarthy said in a statement.

Persons: Los Angeles CNN —, Christine McCarthy, Kevin Lansberry, “ Christine McCarthy, Bob Iger, McCarthy, ” McCarthy, Lansberry Organizations: Los Angeles CNN, Los Angeles CNN — Disney, Parks, Walt Disney Company, company’s Parks, Disney Locations: America

“Clean, clean, clean,” he told CNN in April, referencing the push for a clean debt ceiling resolution. He then later forced President Joe Biden to negotiate a debt limit suspension with spending cuts. “I think the Republican House caucus is willing to go to default,” said Rep. Ted Lieu, a California Democrat. A fired-up Buck, who opposed the debt limit deal, told reporters that he has received calls from constituents about removing McCarthy from the speakership. Now he says he would let us look at the document,” McCarthy told reporters.

Persons: Chuck Schumer, ”, Kevin McCarthy, McCarthy, Joe Biden, Biden, “, ebullient McCarthy, underestimating, ” McCarthy, Schumer, we’ve, ” Schumer, Ted Lieu, Ken Buck, McCarthy “, Buck, McCarthy’s speakership, Chip Roy, Dan Bishop, Scott Perry, speakership –, he’s, Ralph Norman, what’s, “ We’ve, you’ve, Wray, James Comer, Comer, Alejandro Mayorkas, Marjorie Taylor Greene Organizations: CNN, GOP, House Republicans, White, Republican, California Democrat, Republicans, Texas Republican, North Carolina Republican, Caucus, Pennsylvania Republican, South Carolina Republican, FBI, Homeland Security, Rep, Georgia Republican Locations: California, Colorado, Pennsylvania

☆ Inside a debt ceiling standoff ‘far more dangerous than people will recognize’
▼ + stars: | 2023-05-31 | by ( Jeremy Diamond Lauren Fox Melanie Zanona Phil Mattingly Arlette Saenz Kevin Liptak | Jeremy Diamond | Lauren Fox | ) edition.cnn.com time to read: +17 min

“She’s well respected by both sides,” McCarthy said of the former longtime House Appropriations Committee staffer, according to White House officials. “Asking me about the communication (with the White House) implies there was communication,” one House Democrat said. For the White House negotiators, that meant late nights and early mornings. The White House negotiators left Capitol Hill abruptly and for hours, it was unclear when the conversations would resume. Quietly, White House negotiators had never actually stopped talking to their Republican counterparts.

Persons: Joe Biden, Kevin McCarthy, McCarthy, “, “ You’ve, ” Rep, Patrick McHenry, Biden, Steve Ricchetti, Shalanda Young, Louisa Terrell, ” McCarthy, James S, Alex Wong, Young, Garret Graves, ” Graves, Graves, Tom Cole of, ” Cole, White, Jeff Zients, McHenry, ‘, Chuck Schumer, Hakeem Jeffries, Ricchetti, ”, ” Terrell, Dan Meyer, –, apprised, decamping, ’, Anna Moneymaker, nonstarters, ” McHenry, McHenry –, —, Susan Walsh, businesslike, Biden’s, Eisenhower, Zients, Jose Luis Magana, Young –, Louisianans –, Jim Clyburn, Clyburn, Annie Kuster, ” Kuster, wasn’t, ” Young Organizations: CNN, White, ”, Republican, Legislative, Young, Management, Brady, Capitol, White House, GOP, McCarthy’s, Pennsylvania, Capitol Hill, U.S, Biden, Democrat, Democratic, Republicans, Building, Air Force, West Executive, LSU Tigers, South Carolina Democrat, New Democrat Coalition, Democrats Locations: Irish, Washington , DC, Louisiana, Tom Cole of Oklahoma, McHenry, Hiroshima, Japan, Washington

CNN —The House of Representatives is on track to vote Wednesday on a bill to suspend the nation’s debt limit through January 1, 2025, as lawmakers race to prevent a catastrophic default. The bipartisan debt limit deal struck between the White House and House Republicans was announced over the weekend – the culmination of long days and late nights of contentious negotiations that at times looked like they might breakdown and fall apart entirely. The effort to secure a debt limit deal has proven to be a major leadership test for both House Speaker Kevin McCarthy and Biden. Suspending the debt limit through 2025 takes the threat of default off table until after the presidential election. Before the House votes on final passage of the debt limit deal, the chamber must first vote to pass a rule setting parameters for floor debate.

Persons: Joe Biden, Chuck Schumer, Kevin McCarthy, Biden, –, McCarthy, “, ” McCarthy, Patrick McHenry Organizations: CNN, Senate, Treasury Department, White, House Republicans, Capitol, GOP, Democratic, Congressional, CBO

☆ Biden and McCarthy's bumpy journey to a debt ceiling deal
▼ + stars: | 2023-05-29 | by ( Steve Holland | ) www.reuters.com time to read: +6 min

During months of tense exchanges over the U.S. debt ceiling, McCarthy has also taken some swipes at Biden. Arguing that Biden should meet him to discuss his demands for lifting the debt ceiling in March, McCarthy made fun of the 80-year-old president's advanced age. "I would bring lunch to the White House. But it also preserves much of Biden's Inflation Reduction Act and punts the next debt ceiling showdown into 2025, which Republicans hate. Although he initially called for the debt ceiling to be raised without negotiations, he ended up making compromises.

☆ Biden and McCarthy lean on holdouts in both parties to pass debt ceiling deal
▼ + stars: | 2023-05-29 | by ( Kevin Liptak | ) edition.cnn.com time to read: +5 min

The bill caps non-defense spending, temporarily expands work requirements for some food stamp recipients and claws back some Covid-19 relief funds. Speaking from the White House on Sunday, Biden hailed the agreement as critical to preventing economic disaster. But like Biden, McCarthy acknowledged the agreement required concessions from both sides. Dusty Johnson said on “State of the Union.”Passing the bill through the House will not be the final step. On Sunday, a handful of powerful Senate Republicans had raised concerns about the deal’s defense spending during a Senate GOP conference call, a source on the call said.

☆ What’s in the Debt Deal
▼ + stars: | 2023-05-28 | by ( German Lopez | ) www.nytimes.com time to read: +1 min

President Biden and Speaker Kevin McCarthy, the Republican House leader, announced yesterday that they had reached a deal to increase the amount of money the government can borrow. The deal includes caps on federal spending, additional work requirements for food stamps and welfare, and reforms to build energy projects more quickly. Altogether, it is the kind of spending deal that Democrats and Republicans have agreed to multiple times over the past few decades. Today’s newsletter will explain the deal struck by Biden and McCarthy — and the main thing that could still go wrong. Many Republicans wanted steeper cuts, and many Democrats wanted no cuts.

☆ US economy on the brink as time runs low to avert debt default
▼ + stars: | 2023-05-22 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

After a weekend of acrimony between negotiators for House Republicans and the White House, Biden will meet House Speaker Kevin McCarthy Monday for critical talks on pulling the economy back from the precipice. Biden and McCarthy to meet MondayThe rhetoric eased a little, however, after Biden and McCarthy spoke as the president flew home on Air Force One. McCarthy already passed a bill raising the debt ceiling in exchange for a wish list of Republican demands. This is a balance of power that ought to drive both sides towards a compromise, but extremist elements in the House GOP could make that impossible. Like McCarthy, Biden also faces political pressure within his own party after some progressive Democrats expressed fears he would offer the speaker too much in any deal.

CNN —Debt ceiling talks between the White House and House Speaker Kevin McCarthy’s office have hit a snag, and negotiators have put a pause on the talks, multiple sources tell CNN. Negotiators met briefly in the Capitol on Friday before breaking up, and as of right now, there are no more meetings scheduled for the day. McCarthy confirmed that talks have paused, saying there’s not enough “movement” from the White House and suggested that spending levels are part of the issue. “We’ve got to get movement by the White House. The White House is just – we can’t be spending more money next year.

☆ U.S. House Speaker McCarthy says he thinks U.S. will not default
▼ + stars: | 2023-05-17 | by ( Reuters Staff | ) www.reuters.com time to read: +1 min

Speaker of the House Kevin McCarthy (R-CA) speaks at the the New York Stock Exchange (NYSE) in New York City, U.S., April 17, 2023. REUTERS/Brendan McDermid/File PhotoWASHINGTON (Reuters) -House Speaker Kevin McCarthy on Wednesday said he believed the United States will not default on its debt now that congressional leaders and President Joe Biden’s administration are sitting down and negotiating. “I think at the end of the day, we do not have a debt default,” McCarthy said in an interview with CNBC. “The thing I’m confident about is now we have a structure to find a way to come to a conclusion. McCarthy also said there would not be a discussion on taxes in the current negotiations with the White House on raising the U.S. debt ceiling.

☆ How the debt ceiling showdown could play into China’s hands and weaken US global power
▼ + stars: | 2023-05-17 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

One way to raise the debt ceiling might be to build a coalition of Republicans and moderate Democrats to isolate the extremists in his own party. “I cannot in good conscience support a debt ceiling proposal that pushes people into poverty,” Fetterman said. The length of a debt ceiling raise could also be an issue. Many Democrats want a deal that pushes the politically perilous need to raise the debt ceiling past the next election. Potentially, both chambers could vote on a short-term extension to raise the debt ceiling to allow time for more negotiations.

☆ McCarthy blocks Tlaib event marking Palestinian displacement, known as Nakba
▼ + stars: | 2023-05-10 | by ( Haley Talbot | ) edition.cnn.com time to read: +3 min

Many Arabs, especially Palestinians, commemorate the displacement every year as Nakba Day. McCarthy intervened late Tuesday to reserve the Capitol Visitor Center space where Tlaib – the first Palestinian-American US congresswoman – was going to host a Wednesday event, according to a spokesperson for McCarthy. Tlaib responded in a statement, saying, “Speaker McCarthy wants to rewrite history and erase the existence and truth of the Palestinian people, but he has failed to do so. “We fully plan on moving forward with this event and we will continue to ensure that Palestinian voices are heard. McCarthy will instead lead a bipartisan briefing celebrating the 75th anniversary of the US-Israel relationship instead, his office says.

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