Debt Ceiling Deadlock Centers on 2024 Spending Levels

Axios

White House and House Republican negotiators are at a stalemate over capping spending levels in the 2024 budget.

The deadlock resulted in a pause in debt ceiling talks on Friday morning as the fiscal cliff draws nearer.

“The White House wants to continue to spend more money,” Rep. Dusty Johnson (R-S.D.) told Axios.

“No deal will be possible as long as that’s their position.”

The Main Street Caucus chair said the two sides are “really far apart on the topline” and House Speaker Kevin McCarthy (R-Calif.) is “holding strong” on GOP demands to cap discretionary spending at 2022 levels.

READ THE FULL STORY

 

 

Latest News

Michael Cohen’s Testimony Implodes on Prosecutors in New York Trial Against Trump

Michael Cohen’s Testimony Implodes on Prosecutors in New York Trial Against Trump

May 21, 20247 min read
At the conclusion of key prosecution witness Michael Cohen's testimony Monday in Donald Trump's so-called "hush money" trial, jurors were left to ponder a litany of damaging statements that have further cut into Cohen’s credibility and likely made the prosecution’s case harder to prove.
Arizona Attorney General Kris Mayes, Rudy Giuliani

Arizona A.G. Kris Mayes Releases Full 2020 Election Indictment After Serving Rudy Giuliani at His 80th Birthday Party

May 21, 20243 min read
Arizona Attorney General Kris Mayes on Monday released a full, unredacted version of the criminal indictment of Republican activists and politicians who assisted former President Donald Trump with his efforts to contest the 2020 election results in the state. In a brief statement posted to the Arizona Attorney General's Office website, Mayes' staff confirmed, "The following individuals are named as defendants in the indictment: Rudolph Giuliani, Mark Meadows, John Eastman, Boris Epshteyn, Christina Bobb, Jenna Ellis, Michael Roman, Kelli Ward, Tyler Bowyer, Nancy Cottle, Jacob Hoffman, Anthony Kern, James Lamon, Robert Montgomery, Samuel Moorhead, Lorraine Pellegrino, Gregory Safsten, and Michael Ward."
Diverse Erie

‘Diverse Erie’ DEI Committee Excluded Pennsylvanians from $300,000 Grant Dispersal Based on Race

May 21, 20243 min read
Diverse Erie, formerly known as the Erie County Diversity, Equity and Inclusion Commission, on Friday distributed $300,000 in federal grant money. The organization restricted the money to individuals that are part of the "BIPOC community," which includes black, indigenous and all people of color, indicating only whites were precluded from applying for the funds.
Freddy O'Connell

Price Tag for Transportation Referendum Pushed by Nashville Mayor Freddie O’Connell Swells to $6.93 Billion

May 21, 20243 min read
An independent accounting of the costs associated with the transportation referendum put forward by Nashville Mayor Freddie O'Connell on Thursday claims the true cost of the mayor's goals will swell to $6.93 billion over the 15-year life of the project. O'Connell originally announced the cost of building the transportation improvements in his referendum would amount to about $3.1 billion, with additional annual operating costs of about $111 million.
President Joe Biden

Experts Divided on Biden’s New Student Loan Forgiveness Plan

May 21, 20245 min read
President Joe Biden's new student loan forgiveness plan has legal experts divided, with some citing similar problems to his previous plan struck down by the U.S. Supreme Court. The Biden administration's Saving on a Valuable Education Plan is an income-based student loan repayment plan that provides full loan forgiveness in certain cases.
America Refugees
SOLTEA Special Offer
 

Story Calendar

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *