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☆ Biden sets up White House office on gun violence prevention
▼ + stars: | 2023-09-21 | by ( Jeff Mason | Thomson Reuters | Jeff Mason Is A White House Correspondent For Reuters. He Has Covered The Presidencies Of Barack Obama | ) www.reuters.com time to read: +4 min

"But in the absence of that sorely-needed action, the Office of Gun Violence Prevention along with the rest of my Administration will continue to do everything it can to combat the epidemic of gun violence that is tearing our families, our communities, and our country apart,” he said. Democrats largely favor stricter gun laws as a way to reduce deaths from gun violence at schools and in cities across the country. Establishing a new office of gun violence prevention has long been on the wish list of anti-violence advocacy groups that were happy with Biden's record pushing for reforms but wanted the White House do more. White House adviser Stefanie Feldman, Biden's staff secretary, will serve as the director of the office, and gun safety advocates Greg Jackson and Rob Wilcox will join the White House as deputies. “We are so pleased that the Biden administration has officially created an Office of Gun Violence Prevention," said Kris Brown, president of Brady, an advocacy group.

Persons: Cheney Orr, Joe Biden, Kamala Harris, “ I’ll, Biden, ”, Harris, Stefanie Feldman, Greg Jackson, Rob Wilcox, Feldman, Kris Brown, Brady, Jeff Mason, Dan Whitcomb, Leslie Adler, Deepa Babington Organizations: Chamber, Covenant School, Tennessee State Capitol, REUTERS, Rights, Republicans, National Rifle Association, Democrats, Safer Communities, White, Gun, FEMA, Federal Emergency Management Agency, Thomson Locations: Nashville , Tennessee, U.S

AI (Artificial Intelligence) letters are placed on computer motherboard in this illustration taken June 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsWASHINGTON, Sept 19 (Reuters) - The deceptive use of artificial intelligence should be a priority for the Federal Trade Commission (FTC), three commissioner nominees said at a confirmation hearing Tuesday in show of bipartisanship on the popular issue. Ferguson was chief counsel to U.S. Senate Republican Leader Mitch McConnell from 2019 until 2021. Asked by Senator John Thune about the FTC's role in enforcing rules involving artificial intelligence, Slaughter said it was the FTC's job to pursue instances where laws against unfair and deceptive acts and practices were broken, whether or not artificial intelligence was used. A previous Republican FTC commissioner, Christine Wilson, quit this year and sharply criticized agency leadership.

Persons: Dado Ruvic, Rebecca Slaughter, Andrew Ferguson, Melissa Holyoak, Ferguson, Mitch McConnell, John Thune, Slaughter, Holyoak, Christine Wilson, Lina Khan, Diane Bartz, Aurora Ellis Organizations: REUTERS, Rights, Federal Trade Commission, Democrat, Senate Republican, Republican, Senate, FTC, Democratic, Thomson Locations: Virginia, Utah

In order to protect Republican spending priorities for defense, veteran and disaster relief, it cuts other spending by over 8%. McCarthy planned to hold a vote on a Department of Defense spending bill on Wednesday, then the stopgap funding measure the next day. Leaders of the so-called “five families” — the various conservative factions that make up the House Republican majority – are expected to convene later Monday behind closed doors in the speaker’s office. “How are you going to win your arguments to secure the border if the border agents don’t get paid? Still, Schumer called on McCarthy to take a bipartisan approach to keep the government running.

Persons: Kevin McCarthy, “ I’ve, you’re, ” McCarthy, ”, we’ve, McCarthy, Chuck Schumer, “, it’s, Kevin Hern, Dusty Johnson, I’ve, don’t, aren’t, Byron Donalds, Biden, Janet Yellen, We’ve, Schumer, ” Schumer, Fatima Hussein Organizations: WASHINGTON, Republican House, Republican, Capitol, Republicans, Caucus, Main Street Caucus, Democrats, Department of Defense, Committee, Mainstreet Caucus, Fox, Twitter, Freedom Caucus, U.S . Chamber of Commerce, CNBC, House Democrats Locations: shutdowns, Washington

☆ Moderate House Republican says his hard-right colleagues say crazier and crazier things to become famous and juice their fundraising numbers
▼ + stars: | 2023-09-15 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +3 min

A more moderate House Republican takes a somewhat dim view of his hard-right colleagues' antics. In an interview, Rep. Dave Joyce said they often say crazy things just to raise money and gain fame. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. "And it's like, 'you think that's crazy, hold my beer,' then the next one will get in line and say even crazier things." AdvertisementAdvertisementIn the interview, Joyce says that he prefers the work of governing, including former bipartisan alliances with Democrats.

Persons: Dave Joyce, Joyce, Kevin McCarthy —, Dave Joyce of Ohio, Matt Gaetz, McCarthy, Joyce isn't, Lauren Boebert, Joe Biden, Marjorie Taylor Greene, who's, Mark Meadows, Donald Trump's, Meadows, I've, we're Organizations: Republican, Service, House Republican, Republican Governance Group, POLITICO, Rep, North, Caucus, Staff, Affordable Locations: Wall, Silicon, Florida, Colorado, Georgia, Ohio, North Carolina, Congress

The House returns this week from a lengthy August recess to a jam-packed September, with an end-of-month deadline to avert a government shutdown quickly approaching, foisting intense pressure upon House Speaker Kevin McCarthy. With just one of 12 spending bills passed through the House, little time remains to take action to keep the government fully functional by the Sept. 30 deadline. And should McCarthy look to Democrats to sidestep conservative demands, some have warned that they’ll bring up a vote for his ouster. Instead, some suggest that launching a Biden impeachment inquiry is McCarthy’s only true bargaining chip with those on the right. And to complicate matters further, the two chambers have marked up the spending bills at different levels, making reconciling the legislation all the more difficult.

Persons: Kevin McCarthy, McCarthy, Ken Buck, Joe Biden, they’ll, Marjorie Taylor Greene, Matt Gaetz, Biden, Hunter, Greene, cheerily, “, Chuck Schumer Organizations: California Republican, ”, Colorado Republican, MSNBC, Caucus, Russia, House Republicans, Senate, Republicans, Conservatives, Rep, Marjorie Taylor Greene of Georgia, Republican Locations: Colorado, Ukraine, Marjorie Taylor Greene of, Florida, Washington, bipartisanship

☆ Opinion | Why Is Joe Biden So Unpopular?
▼ + stars: | 2023-09-09 | by ( Ross Douthat | ) www.nytimes.com time to read: +2 min

The woke wars and Covid battles that disadvantaged Democrats are no longer central, and the post-Roe culture wars seem like friendlier terrain. Biden’s foreign policy team has defended Ukraine without (so far) a dangerous escalation with the Russians, and Biden has even delivered legislative bipartisanship, co-opting Trumpian promises about industrial policy along the way. The hope has to be that inflation continues to drift down, real wages rise consistently and in November 2024, Biden gets the economic credit he isn’t getting now. Across multiple polls, Biden seems to be losing support from minority voters, continuing a Trump-era trend. — much as culturally conservative white Democrats drifted slowly into the Republican coalition between the 1960s and the 2000s.

Persons: Biden, Trumpian, isn’t, wokeness Organizations: Democratic, American, Democrats, African, Republican Locations: Ukraine

☆ Opinion: ‘Red, White & Royal Blue’ and the power of political fantasy
▼ + stars: | 2023-09-09 | by ( Opinion Nicole Hemmer | ) edition.cnn.com time to read: +7 min

That subplot puts “Red, White & Royal Blue” into a particular film and television genre: liberal wish fulfillment. Join us on Twitter and Facebook“The West Wing” is, unsurprisingly given its Sorkin-ism, much the same (observers on Reddit and elsewhere have noted Sorkin’s predilection for re-using the same lines and jokes). It was regularly cited as an inspiration for Obama staffers attracted to the show’s insider-y look at the West Wing and its characters’ fundamental decency. That emphasis on process is what makes the politics of “Red, White & Royal Blue” seem smaller than the fantasy of the electoral map hinging on Texas would lead viewers to believe. But process without vision is stultifying, and reflects more than the limits of onscreen political fantasy.

Persons: Nicole Hemmer, Carolyn T, Robert M, “, Who, Alex Claremont, Diaz, it’s, Dave ”, ”, Casey McQuiston, Donald Trump’s, Kevin Kline, Sigourney Weaver, Dave, Francois Duhamel, —, Aaron Sorkin’s, Bush, Andrew Shepherd, Michael Douglas, Annette Bening, Clinton, George W, Obama, technocracy — Organizations: Rogers Center, Vanderbilt University, “ Partisans, Conservative, CNN, United, Democratic, Democratic Party, “, Recreation, Hollywood, Twitter, Facebook, West Wing, Trump, Republican Party Locations: England, United States, Texas, Clinton

☆ Chuck Schumer and Mitch McConnell agree on one thing: GOP Rep. Derrick Van Orden yelling at a group of Senate pages was 'despicable'
▼ + stars: | 2023-07-28 | by ( Madison Hall | ) www.businessinsider.com time to read: +3 min

GOP Rep. Derrick Van Orden cursed at and berated a group of teenage Senate pages for lying down in the Capitol Rotunda on Wednesday. Both Senate Minority Leader and the Senate Majority Leader admonished Van Orden for his conduct. You are defiling the space you [pieces of shit]," Van Orden reportedly told the pages late Wednesday evening, according to The Hill. It doesn't appear that Van Orden checked with his colleagues before making such a statement. After hearing about Van Orden's actions toward the Senate pages, Schumer tore into the congressman.

Persons: Derrick Van Orden, Van Orden, Chuck Schumer, Mitch McConnell, Van, Schumer, bipartisanship, McConnell, Van Orden's, DVO, MAGA, Rebecca Cooke Organizations: Service, Republican, Punchbowl News, The, Milwaukee Journal Sentinel, Wall Street, Capitol, Democratic Locations: Wall, Silicon

WASHINGTON, July 19 (Reuters) - Leaders of the U.S. Senate said on Wednesday they expected a sweeping defense policy bill to pass the chamber with strong bipartisan support, which could mean a clash with a largely party-line bill approved by the House of Representatives. The House passed its NDAA on Friday by a narrow 219-210, after Republicans added culturally conservative amendments addressing hot-button social issues. The vote was almost entirely along party lines, a departure from typical bipartisan support for a bill that has passed every year since 1961. That would not win the approval of the Democratic-controlled Senate, where a majority of lawmakers, including some Republicans, support abortion rights. The contrast is glaring, and we hope, hope, hope, hope that the House takes a lesson from the Senate and works in a productive way so we can pass these important bills."

Persons: Chuck Schumer, Mitch McConnell, Schumer, Joe Biden, Patricia Zengerle, Katharine Jackson, Matthew Lewis Organizations: U.S . Senate, Representatives, Democratic, Republicans, Republican, Democrats, Senate, NATO, White House, Thomson Locations: Washington

☆ New Hampshire GOP Gov. Chris Sununu says the 'No Labels' political movement is 'tapping into what America is looking for right now'
▼ + stars: | 2023-07-16 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

The No Labels group on Monday will release a policy document which could be a blueprint for a White House bid. Many Democrats have blasted No Labels' recent activities, saying they could hurt Biden's reelection bid. The group strongly backs the Second Amendment, but also believes in universal background checks and restrictions on semiautomatic rifles. Chris Sununu, who floated a potential 2024 presidential bid but opted out of a campaign, told The Times that No Labels has found a political lane that is appealing to many Americans. "I'll give them credit in that No Labels seems to be tapping into what America is looking for right now," he told the newspaper.

Persons: Sen, Joe Manchin, Jon Huntsman Jr, Biden's, Democratic Sen, West Virginia —, Joe Biden's, Huntsman, Barack Obama, Donald Trump, —, Donald Trump's, Chris Sununu Organizations: Democrats, Service, The New York Times, Saint Anselm College, Democratic, Republican Gov, New Hampshire Republican Gov, Times Locations: New Hampshire, Wall, Silicon, Manchester, N.H, West, Utah, China, Russia, America

☆ Salvadoran President Bukele's party names him as 2024 candidate
▼ + stars: | 2023-07-10 | by ( ) www.reuters.com time to read: +2 min

SAN SALVADOR, July 9 (Reuters) - Salvadoran political party Nuevas Ideas chose President Nayib Bukele on Sunday as its candidate for the presidential elections of early 2024, even though the country's constitution does not allow consecutive terms for the presidency. The president - favored in the 2024 election by nearly 70% of Salvadorans - and his Vice President Felix Ulloa still need to register as candidates with the Supreme Electoral Tribunal (TSE) to formalize their candidacy. His "war" against gangs in El Salvador has led to more than 66,000 people being imprisoned and earned Bukele unprecedented popularity. Bukele has denied the allegations but undercover negotiations with gangs have not been unusual in El Salvador. Salvadorans will vote on Feb. 4 next year to elect a president and vice president for the 2024-2029 term and legislators until 2027.

Persons: Nayib Bukele, Bukele, Felix Ulloa, Mauricio Funes, Salvadorans, Nelson Renteria, Anna, Catherine Brigida, Tom Hogue Organizations: SALVADOR, FMLN, Thomson Locations: Salvadoran, United States, El, El Salvador

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

WASHINGTON, June 5 (Reuters) - The deal to end the United States' debt limit standoff was classic Joe Biden politics: eke out a narrow compromise from an ugly beginning and declare victory. "I know bipartisanship is hard, and unity is hard," Biden said during his first-ever Oval Office address on Friday. "No matter how tough our politics gets, we need to see each other not as adversaries, but as fellow Americans. In his first two years as president, Biden used Democratic majorities in the House of Representatives and the Senate to push through massive stimulus packages despite the protests of Republicans. Senate Minority leader Mitch McConnell said after the debt deal was struck that "divided government means negotiated deals - it means nobody gets everything they want."

Persons: Joe Biden, Republican Kevin McCarthy, Biden, Bishop Silvester Beaman, Mitch McConnell, Premilla Nadasen, Donald Trump’s, Matthew Dallek, Mitch Landrieu, Elon Musk, Ron DeSantis, he's, Landrieu, McCarthy, " McCarthy, Trump, Nikki Haley, Kamala Harris, Matt Bennett, Trevor Hunnicutt, Heather Timmons, Chizu Nomiyama Organizations: Republican, Senate, Democratic Party, Columbia University's Barnard College, George Washington University, Capitol, Biden, Elon, Tesla Inc, DeSantis, Thomson Locations: United States, America, Washington, Carolina, Lincoln

☆ Opinion | Republicans Are No Longer Calling This Election Program a ‘Godsend’
▼ + stars: | 2023-06-06 | by ( Jesse Wegman | ) www.nytimes.com time to read: +2 min

Because of our decentralized election system, the responsibility to sort out this mess falls to the states. Federal and state laws require states to maintain accurate voter rolls, but the states have no established way to communicate and coordinate with one another. The existence of searchable voter data itself is relatively new: As recently as 2000, only seven states had computerized statewide voter databases. One early effort, like the Interstate Crosscheck program, failed miserably because of inadequate data analysis and poor security practices. That information — drawn from voter rolls, D.M.V.

Persons: ERIC, “, ”, Danielle Lang, Ron DeSantis Organizations: Federal, District of Columbia Locations: Florida, ”, Ohio

☆ 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

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

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

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

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

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

Persons: Biden, —, Joe Biden, wouldn't, Kevin McCarthy, Biden's, Karine Jean, Pierre, Friday, McCarthy, Donald Trump Organizations: Service, White, Treasury Department, U.S, GOP, Social Security, Republicans, Democratic, Resolute, Congressional, Internal Revenue Service, Trump, House

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

Persons: Joe Biden, Biden, “, ” Biden, Kevin McCarthy, simmered, Steve Ricchetti, Louisa Terrell, Shalanda Young, reticence, Biden didn’t, McCarthy, ’ carveouts, Republicans ’, Republicans parried, ” Terrell, ”, ” Young, Jeff Zients, –, would’ve, that’s, ” Zients, ” Ricchetti, Patrick McHenry, Young, Michael Linden, Ricchetti, McCarthy’s, Mitch McConnell, Terrell, McHenry, Garret Graves, Graves, Dan Meyer, they’ve, “ There’s, you’re, cleaver Organizations: CNN, Resolute, Legislative, White, Republican, FBI, Republicans, Internal Revenue Service, SNAP, Congressional, Office, Progressive, Young, White House, GOP, Biden, Republican Rep, Congress, dropoff, Air Force Academy Locations: Washington, Garret Graves of Louisiana, McHenry, Louisiana, Ukraine, Colorado

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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