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“His response to me was, ‘I’ve given you leverage now to make a better deal,’” recalled DeMastus, who supports some form of a federal ban but isn't ruling out backing Trump even if he doesn't. 2 in part because of his credibility with social conservatives, has declared that every Republican running for president should endorse, at a minimum, a federal abortion ban 15 weeks into pregnancy. Ron DeSantis, who often answers questions about a federal ban by saying his state recently passed a ban on abortion after six weeks of pregnancy. Trump maintains that even some anti-abortion activists believe the six-week ban — before many women even know they’re pregnant — is too harsh. The country’s leading anti-abortion group, Susan B. Anthony Pro-Life America, wants GOP presidential candidates to advocate for a 15-week federal ban.

Persons: — Donald Trump, he's, Roe, Wade, Trump, Mike Pence, He's, ”, Steve Scheffler, “, Joe Biden, Donald Trump, who’s, MAGA, Ammar Moussa, Tudor Dixon, Dixon, Gretchen Whitmer, Mike DeMastus, ‘, ’ ”, DeMastus, Pence, Carolina Sen, Tim Scott, Nikki Haley, Vivek Ramaswamy, Ron DeSantis, —, Susan B, Anthony Pro, Marjorie Dannenfelser, ” Trump, Steven Cheung, Trump's, aren't, Kim Lehman, Lehman, Timmaraju, they’ll, ” Timmaraju, Marlys, Jill Colvin, Sara Burnett Organizations: DES, Republican, White, GOP, Iowa Faith, Freedom Coalition, Republican National Committee, Family Research Council, America's Leadership, Coalition, Voters, MAGA Republicans, Michigan, Michigan Democratic Gov, Trump, Florida Gov, America, RNC, NARAL, Associated Press Locations: DES MOINES, Iowa, U.S, lockstep, Washington, Des Moines, South Dakota, Kansas, Ohio, York, Carolina, New York, Chicago

☆ Republicans laughed at Trump behind his back after he rambled during a Senate luncheon, according to Mitt Romney's new tell-all book
▼ + stars: | 2023-09-13 | by ( Rebecca Cohen | ) www.businessinsider.com time to read: +2 min

Republican Senators laughed at Trump behind his back, Mitt Romney says in his upcoming book. The former President appeared at a GOP Senate luncheon in 2019 days after the Mueller probe concluded. According to the excerpt, Trump made a special appearance at a weekly Senate Repbulicans' caucus lunch in March 2019. In the same speech, according to the excerpt, Trump declared that the GOP would soon become "the party of health care." Romney's book also calls out other top Republicans like GOP leader Mitch McConnell who allegedly praised Romney privately for calling out Trump.

Persons: Trump, Mitt Romney, Mueller, Romney, Mitt, Donald Trump, Repbulicans, Robert Mueller's, Mitch McConnell, doesn't Organizations: Service, Department, GOP, McConnell Locations: Wall, Silicon, Russia

☆ 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

☆ Biden's student-debt relief plans will once again face GOP challenges when Congress returns this fall
▼ + stars: | 2023-08-23 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

Biden formally launched the new income-driven repayment plan, known as the SAVE plan. "Just like Biden's student debt transfer scheme, this IDR rule is deeply unfair to the 87 percent of Americans who currently have no student loans and will now have to foot the bill for someone else's debt." Spokespeople for both lawmakers confirmed to Insider that they will introduce bills in the House and Senate to overturn the SAVE plan. Massachusetts Sen. Elizabeth Warren wrote on X, formerly Twitter, on Tuesday that "Biden's SAVE plan helps Americans with student debt by capping interest growth and lowering monthly payments. In addition to repayment reforms for borrowers, the Education Department is also in the process of implementing broad debt relief again using the Higher Education Act of 1965.

Persons: Biden, Foxx, Cassidy, Joe Biden's, Virginia Foxx, Sen, Bill Cassidy —, —, Massachusetts Sen, Elizabeth Warren Organizations: Service, Education Department, Politico, GOP, Senate, Higher Locations: Wall, Silicon, Massachusetts

☆ Analysis: Trump's fourth indictment moves America closer to an election precipice
▼ + stars: | 2023-08-15 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

“Call it election interference or election manipulation—it is a dangerous effort by the ruling class to suppress the choice of the people. Video Ad Feedback 'Much bigger than Watergate': John Dean weighs in on Georgia indictment 00:38 - Source: CNNA damning tale of alleged wrongdoingIndictments represent the best presentation of the evidence by the prosecution. But unelected citizens also played a role – like Georgia election workers Ruby Freeman and Wandrea “Shaye” Moss, who have said the extreme pressure Trump inflicted on them ruined their lives. So a fourth Trump indictment is unlikely to be any more ruinous to his political career than the previous three – at least, in the Republican primary, where rivals like Florida Gov. Ron DeSantis have so far failed to take advantage of Trump’s political liabilities without alienating vast numbers of his supporters.

Persons: Donald Trump’s, Trump, Joe Biden’s, quagmire, Mike Pence, “ Trump, –, Jack Smith, Rudy Giuliani, Fani Willis, ’, Richard Nixon, Bill Clinton, Biden, John Dean, Brad Raffensperger, Ruby Freeman, Wandrea, ” Moss, he’s, Hillary Clinton, Hunter Biden, they’ve, Trump’s, Ron DeSantis, Elise Stefanik, President Trump, ”, Marc Short, Pence, ” Short, CNN’s Jake Tapper Organizations: CNN, Republican, Trump, Capitol, Fulton, Democrat, White, Georgia, Biden’s, Republicans, Democratic, Electoral College, Florida Gov, House Republican, Attorney, New, “, White House Locations: Georgia, Manhattan, Fulton County, American, America, Ukraine, Arizona, Russia, New York

☆ McConnell says fighting Trump's influence over GOP foreign policy is 'the most important thing' he's doing now
▼ + stars: | 2023-08-14 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +3 min

Mitch McConnell said fighting for the future of the GOP is the most important thing he's doing now. McConnell told Politico that he does not want to "redefine" what it means to be a Republican. McConnell told Politico that he views this fight over the GOP's future as the most important thing happening right now that he may still be able to influence. "There are those who are trying to redefine what a Republican is — I'm not in that group," McConnell told Politico's Jonathan Martin. According to Politico, McConnell privately told Finnish President Sauli Niinistö that Trump "redefined narcissism" during a meeting last year.

Persons: Mitch McConnell, McConnell, Trump, Donald Trump's, —, Politico's Jonathan Martin, Martin, Ron DeSantis, Tucker Carlson, Sauli Niinistö, Elaine Chao Organizations: GOP, Politico, Republican, Service, Reagan, Ukraine, Trump, Trump , Florida Gov, Republican House, NATO Locations: Ukraine, Wall, Silicon, Trump , Florida, Finland, Sweden

Many opponents of renewable energy, she added, “are worried about the impacts to their very way of life.”Roadside opposition to renewable energy projects near Baldwin City, Kan. “We see offshore wind as a critical technology,” said Dan Burgess, the director of the Maine Governor’s Energy Office. Across the country, clean energy projects of all types are tied up in lengthy permitting processes. By then, India had not completed any offshore wind projects. Since 2000, the United States has barely built any major transmission lines that connect different regions of the country.

Persons: Scott Dickerson, ”, Biden, Alison Bates, “, Columbia University’s, Dan Burgess, Habib Dagher, Janet Mills, Gregory Wetstone, Mack, James Gillway, SunZia, ” Hunter Armistead, Broussard, There’s, Vaughan Woodruff, Tucker Carlson, Teslas, ” Ali Zaidi, Dagher, Rolf Olsen, who’s Organizations: University of Maine, Sears, Officials, Federal, International Energy Agency, Colby College, White, Columbia, Climate, The University of, Maine Governor’s Energy, Environmental, University of Maine’s, Composites Center, Gov, American Clean Power Association, American Council, Renewable Energy, Environmental Protection Agency, Army Corps of Engineers, . Clean, Union United, China India European Union United States, China European Union United, China India United States European, China United States European Union, China United States European Union India, Energy, The New York Times, United, Pattern Energy, New York State Energy Research, Development Authority, Toyota Prius Locations: Penobscot Bay, Maine, , Maine, United States, Europe, China, Australia, India, Los Angeles, Ohio, Jersey Shore, Waterville , Maine, Baldwin City, Kan, Massachusetts, Ukraine, Gulf, Searsport , Maine, Searsport, Bangor, Mack, West, Union United States, U.S, China United States European Union India, Great, New Mexico, Arizona, California, Riesel , Texas, Energy, San Bernardino County, In Kansas, Atlantic City, N.J, New York, Manhattan, Sears

☆ The new twist in Hunter Biden’s case is a huge political headache for his father
▼ + stars: | 2023-08-11 | by ( Stephen Collinson | ) edition.cnn.com time to read: +12 min

CNN —A sudden new twist in the investigation into Hunter Biden means his legal tribulations will likely stretch on for months, creating an unwelcome new drag on his father’s White House and reelection bid. Just weeks ago, the shadow of criminal suspicion over Hunter Biden seemed about to lift. The change of status followed the collapse of a deal last month that likely would have seen Hunter Biden get sentenced to probation after pleading guilty to two misdemeanor tax charges. But the symbolic weight of an appointment of a special counsel stiffens the perception of scandal and potential wrongdoing even if the legal realities of the case haven’t shifted. Important differences between Hunter Biden and Trump casesThere are two important distinctions between Biden and Trump that the Republicans are trying to blur.

Persons: Hunter Biden, David Weiss, Joe Biden’s, Weiss, Joe Biden, Alberto Gonzales, Jake Tapper ”, it’s, …, ”, Gonzales, George W, Bush, Merrick Garland, Hunter Biden’s, Abbe Lowell, CNN’s Kaitlan Collins, Lowell, Trump, Garland, Clinton, Biden, Donald Trump, It’s, Tanya Chutkan, David Axelrod, Barack Obama, Biden’s, Hunter, Tapper, James Comer –, –, “, Joe Biden hasn’t, ” Comer, Comer, he’s, General Garland, Kevin McCarthy, couldn’t, Carolina Sen, Lindsey Graham, General Garland’s, Hunter Biden – Organizations: CNN, House, Justice Department, White, House Republicans, Trump, Republican, GOP Locations: Delaware, Weiss, Florida, Ukraine, China, Kentucky, California, Carolina

☆ Who Would Trump Pick for VP in 2024? The Field Is Wide Open
▼ + stars: | 2023-08-08 | by ( Eliza Collins | Siobhan Hughes | ) www.wsj.com time to read: 1 min

Donald Trump’s alleged efforts to press former Vice President Mike Pence to overturn the 2020 election results is a cornerstone of federal prosecutors’ case against the former president. Here’s what the latest indictment reveals about their relationship. Photo Illustration: Ryan TrefesFormer President Donald Trump and many of his supporters say he has locked up the race for the Republican nomination even with the first contests months away. That has prompted early jockeying among top Republicans to potentially be his running mate.

Persons: Donald Trump’s, Mike Pence, Ryan Trefes, Donald Trump Organizations: Republican

☆ Federal student-loan balances will start growing again in one month when interest returns
▼ + stars: | 2023-08-01 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

In October, student-loan borrowers will start making payments again. The Education Department announced a number of steps to ease the transition back into repayment. In March 2020, former President Donald Trump first implemented the student-loan payment pause, with waived interest, to give millions of federal borrowers financial relief during the pandemic. An Education Department spokesperson confirmed in June that there is no leeway with that provision. "Student loan interest will resume starting on September 1, 2023, and payments will be due starting in October," a department spokesperson said.

Persons: Donald Trump, Joe Biden, Biden, —, Massachusetts Sen, Elizabeth Warren, New Jersey Sen, Bob Menendez, servicers, Virginia Foxx, Sen, Bill Cassidy —, doesn't, Cassidy, we'll, Miguel Cardona Organizations: The Education Department, Service, Federal, An Education Department, Education Department, Higher, SAVE, Democratic, House, Department Locations: Wall, Silicon, Massachusetts, New Jersey

CNN —President Joe Biden swiped at renewed impeachment talk by top Republicans as he sold his agenda in Maine on Friday, suggesting his economic record was a threat to opponents. House Speaker Kevin McCarthy this week escalated talk of launching an impeachment inquiry into Biden and his family’s business dealings, prompting some backlash from moderate Republicans. The White House has dismissed the prospect, suggesting the president was focused on his economic agenda and not threats from Republicans. The White House said the state lost more than 42,000 manufacturing jobs between 1990 and January 2021. The visit comes after a week of positive economic news the White House says is the result of the president’s decision-making.

Persons: Joe Biden swiped, “, ” Biden, Kevin McCarthy, Biden, McCarthy, –, Congress who’ve, Republican Sen, Tommy Tuberville, I’d, they’ve, “ I’m, “ Bidenomics, It’s, Trump, Donald Trump, Kamala Harris Organizations: CNN, Republicans, Congress, Republican, Financial Times, Wall, White, Biden, University of Michigan, Capitol, Trump Locations: Maine, Auburn, Alabama, ” Maine, Freeport, he’s, Nebraska, Iowa, Des Moines

☆ McCarthy, Pressured by the Right, Escalates Talk of Impeaching Biden
▼ + stars: | 2023-07-25 | by ( Luke Broadwater | More About Luke Broadwater | ) www.nytimes.com time to read: +1 min

Speaker Kevin McCarthy, under pressure from the hard right to take aggressive steps against the Biden administration, suggested on Tuesday that the House was moving toward opening an impeachment inquiry against President Biden, as Republicans search through bank records hunting for damaging information about the first family. It was a striking escalation by Mr. McCarthy, who had previously resisted calls to impeach Mr. Biden, arguing that he had yet to see anything that would warrant such an extraordinary step. Just last month, Mr. McCarthy and other top Republicans in the House turned back an attempt from the hard right to move to quickly impeach Mr. Biden over his handling of the border, arguing that more investigation was needed before taking such a consequential step. Republicans are deeply divided on an impeachment of Mr. Biden, which lacks the votes to pass the House. More mainstream Republicans — particularly those from politically competitive districts that Mr. Biden won — and those aligned with party leaders have urged caution.

Persons: Kevin McCarthy, Biden, McCarthy, Mr, Hunter, Donald J, Trump, Republicans — Organizations: Republicans, —

Trump spoke Tuesday with both House Speaker Kevin McCarthy and House GOP Conference Chair Elise Stefanik, who leads the House GOP’s messaging efforts, according to multiple sources familiar with the conversation. Firebrand GOP Rep. Marjorie Taylor Greene of Georgia has previously called for similar action. Despite Trump facing the potential of a third criminal indictment, several House Republicans made clear they would support the former president no matter what. “Donald Trump’s the leader of our party, and Donald Trump is going to be Joe Biden in 2024 for a second time.”Nehls accused the “far left” of having a “severe crush on this guy.”“They have a crush on Donald Trump. Because Donald Trump will win in 2024 and the left just they’re scared shitless,” he said.

Persons: Donald Trump, Trump, Kevin McCarthy, Elise Stefanik, ”, Jack Smith, McCarthy, Stefanik, Smith, Matt Gaetz, Trump’s, Marjorie Taylor Greene, ” Gaetz, Byron Donalds of, Smith “, Jim Jordan, they’ve, Jordan, There’s, Joe Biden, Hunter, Merrick Garland, David Weiss, Marc Molinaro, “ We’re, I’ve, “, Mitch McConnell –, –, McConnell, Troy Nehls, ” Nehls, “ Donald Trump’s, shitless, Tim Burchett, he’s, ” Burchett, Ralph Norman of, ” Norman, “ It’s Organizations: CNN, House GOP, GOP, Trump, Capitol, Firebrand, Marjorie Taylor Greene of, Representatives, Caucus, Department of Justice, Democratic, Justice Department, Hunter Biden, Republicans, Republican, Texas Rep, Tennessee, DOJ Locations: strategize, Manhattan, Florida, Marjorie Taylor Greene of Georgia, Byron Donalds of Florida, New York, Ralph Norman of South Carolina

☆ A top House Republican is demanding the Secret Service share more about its investigation into the cocaine at the White House
▼ + stars: | 2023-07-07 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +2 min

House Oversight Chairman James Comer demanded more information about how cocaine got into the White House. He wants the Secret Service to speak to his committee's staff. He also demanded that the Secret Service tell his panel more about its probe to get to the bottom of what occurred. White House press secretary Karine Jean-Pierre previously deferred to the Secret Service, expressing confidence that the agency responsible for the White House security would "get to the bottom of" what happened. The Kentucky Republican requested that the Secret Service provide a briefing to committee staff by July 14, exactly a week from Friday.

Persons: James Comer, —, Comer, Kimberly Cheatle, Karine Jean, Pierre, Joe Biden, Hunter Organizations: Kentucky Republican, Service, Secret, White, Wing, NBC News, NBC Locations: Kentucky

☆ Biden's Education Department is 'ill prepared' to resume student-loan payments for millions of borrowers in 3 months, 2 GOP lawmakers say — and they're demanding 'proof' of a repayment strategy
▼ + stars: | 2023-06-28 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

Student-loan payments are set to resume in October. GOP Rep. Foxx and Sen. Cassidy asked the Education Department for its strategy on the resumption. They said they're concerned the department is "ill prepared" to transition borrowers back into repayment. Two Republican lawmakers want to know how the Education Department is preparing for that to happen. Since March 2020, federal student-loan payments — and interest — have been on pause to provide borrowers with financial relief during the pandemic.

Persons: Foxx, Sen, Cassidy, they're, —, Joe Biden's, Miguel Cardona, Biden, Virginia Foxx, Bill Cassidy, Cardona, Mr Organizations: GOP, Education Department, Service, Department, Politico, Federal Student

The deal would be contingent on Mr. Biden remaining drug free for 24 months and agreeing never to own a firearm again. Mr. Biden is expected to appear in federal court in Delaware in the coming days to be arraigned on the misdemeanor tax charges and plead guilty. As president, Mr. Trump had long sought to tie Hunter Biden’s business deals and personal troubles to his father. Image The Justice Department investigation into Hunter Biden continued after his father became president. Allegations promoted by Republicans that the elder Mr. Biden’s Justice Department went easy on his son are unlikely to fade away.

Persons: Hunter Biden, Biden’s, Hunter Biden’s, Biden, Mr, Hunter, Christopher Clark, Ian Sams, Donald J, Trump, Trump’s, David C, Weiss, General Merrick B, Garland, Clark, “ Hunter, ” Mr, Burisma, Haiyun Jiang, Obama, Beau, I.R.S, Seamus Hughes Organizations: Department, The, United States Attorney’s Office, District of, Republicans, Justice Department, House Republicans, Trump, Credit, New York Times, Prosecutors, United, Mr, Yale, Obama, Biden’s Justice Department, Congressional Republicans Locations: Delaware, District of Delaware, Ukrainian, China, United States, Ukraine

The deal would be contingent on Mr. Biden remaining drug free for 24 months and agreeing never to own a firearm again. Mr. Biden is expected to appear in federal court in Delaware in the coming days to be arraigned on the misdemeanor tax charges and plead guilty. Image The Justice Department investigation into Hunter Biden continued after his father became president. Allegations promoted by Republicans that the elder Mr. Biden’s Justice Department went easy on his son are unlikely to fade away. supervisor who had been overseeing the investigation into Hunter Biden hired a lawyer and went to Congress, alleging political favoritism in how the investigation had been handled.

☆ Why the Fed paused its rate hikes: It’s tired of playing a giant guessing game
▼ + stars: | 2023-06-16 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

Following the policy announcement, Fed Chair Jerome Powell noted that rate hikes typically filter through the economy with “uncertain lags.” In other words, the Fed has been playing an (educated) guessing game, taking action before it understands the results. What’s happening: As much as Federal Reserve officials wish they could, they can’t just wave a wand and lower inflation rates. Here’s how the system works: First, the Fed raises interest rates for overnight loans between financial institutions. Less demand for goods reduces incentives to raise prices and inflation rates will fall. That means they’re able to draw their own conclusions about the trajectory of inflation rates.

Persons: Jerome Powell, ”, Jack McIntyre, McIntyre, ” Powell, Powell, Yung, Yu Ma, Ma, Biden, Joe Biden, Sam Fossum, you’re, ” Biden, Lael Brainard, Greg Wallace, Sen, John Thune of, Republican Sen, Jerry Moran Organizations: New, New York CNN, Federal Reserve, Brandywine Global, BMO Wealth Management, Ticketmaster, “, Economic, Federal Aviation Administration, FAA, Republican Locations: New York, “, John Thune of South Dakota, Kansas

☆ Lawmakers wrangle over measures to address pilot shortage
▼ + stars: | 2023-06-15 | by ( Greg Wallace | ) edition.cnn.com time to read: +4 min

CNN —A series of controversial proposals to address the airline pilot shortage is complicating Congress’ consideration of a new slate of Federal Aviation Administration policies with one senator warning fellow lawmakers there will be blood on their hands if reduced pilot training causes a fatal accident. The measures presented by lawmakers include raising the pilot retirement age, allowing more training to occur in a flight simulator rather than aircraft cockpit, and fast-tracking training programs. The measures are hotly contested and are aimed at addressing a shortage in airline pilots that was exacerbated by the pandemic. The Illinois Democrat scolded those who feel simulator training will be equivalent and said she didn’t believe reducing training hours would solve the shortage. On the House side, the House Transportation Committee narrowly approved an amendment that would raise the mandatory pilot retirement age by two years to 67.

Persons: Sen, John Thune of, Republican Sen, Jerry Moran, ”, “, Jason Ambrosi, Tammy Duckworth, Troy Nehls, ” Nehls, You’re, Rick Larsen, Nehls Organizations: CNN, Federal Aviation Administration, FAA, Republican, Senate, Air Line Pilots Association union, Illinois Democrat, Transportation, Texas Republican, AARP, Regional Airline Association, United, ” Locations: John Thune of South Dakota, Kansas, Iraq, Illinois, Texas, American, Delta

☆ 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

☆ 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.

HIROSHIMA, Japan, May 21 (Reuters) - U.S. President Joe Biden and House Republican Speaker Kevin McCarthy will meet to discuss the debt ceiling on Monday, after a "productive" phone call as the president headed back to Washington, the two sides said on Sunday. Staff members from both sides will reconvene for talks at 6 p.m. (1800 GMT) on Sunday. A failure to lift the debt ceiling by that date would trigger a default that would cause chaos in financial markets and spike interest rates. SPENDING CUTSMcCarthy said Republicans backed an increase in the defense budget while cutting overall spending, and that debt ceiling talks have not included discussions about tax cuts passed under former President Donald Trump. McCarthy has said he will give House lawmakers 72 hours to review an agreement before bringing it up for a vote.

HIROSHIMA, Japan, May 21 (Reuters) - U.S. President Joe Biden and House Republican Speaker Kevin McCarthy will meet to discuss the debt limit on Monday after a "productive" phone call as the president headed back to Washington, the top House Republican leader said on Sunday. McCarthy, speaking to reporters following the call, said there were positive discussions on solving the crisis and that staff-level talks were set to resume later on Sunday. "Much of what they've already proposed is simply, quite frankly, unacceptable," Biden said before heading back to Washington. Kenny Holston/Pool via REUTERSA source familiar with the negotiations said Republicans had proposed an increase in defense spending, while cutting overall spending. The source said the Biden administration had proposed keeping non-defense discretionary spending flat for the next year.

Biden said he would speak to top congressional Republican Kevin McCarthy on his flight home and hoped the speaker of the House of Representatives had been waiting to negotiate with Biden directly. McCarthy, in an interview on Fox News, said he expected to speak with Biden later on Sunday morning. A source familiar with the negotiations said Republicans had proposed an increase in defense spending, while cutting overall spending. The source said the Biden administration had proposed keeping non-defense discretionary spending flat for the next year. Biden stressed that he was open to making spending cuts and said he was not concerned they would lead to a recession, but he could not agree to Republican demands.

Biden said he would speak to top congressional Republican Kevin McCarthy on his flight home and hoped the speaker of the House of Representatives had been waiting to negotiate with Biden directly. "Much of what they've already proposed is simply, quite frankly, unacceptable," Biden said. The source also said House Republicans wanted to extend tax cuts passed under then-President Donald Trump, which would add $3.5 trillion to the federal debt. SPENDING CUTSBiden heads back to Washington on Sunday after truncating his Asia trip to focus on the debt ceiling talks. Biden stressed that he was open to making spending cuts and said he was not concerned they would lead to a recession, but he could not agree to Republican demands.

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