U.S. President Joe Biden addresses the nation on averting default and the Bipartisan Budget Agreement, in the Oval Office of the White House in Washington, D.C., June 2, 2023. Pool | Via Reuters WASHINGTON — President Joe Biden on Friday evening gave his first address from the Oval Office to discuss a bill to lift the … Read more
Debt limit deal goes to Senate for approval – CBS News Watch CBS News The House passed a bill to raise the nation’s debt ceiling Wednesday evening, sending it to the Senate. President Biden, who brokered the deal with Speaker Kevin McCarthy, called it “good news,” but lawmakers seem to remain divided. CBS News congressional … Read more
5/31: CBS Evening News – CBS News Watch CBS News House debates contentious debt ceiling bill; Army’s first female deep-sea diver reflects on her journey Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now Turn On
Washington — The bipartisan agreement to raise the debt ceiling and limit government spending passed a critical test in Congress on Tuesday, advancing out of the House Rules Committee despite opposition from some conservatives. With the clock ticking to prevent the nation from defaulting on its debts the committee, which sets ground rules and the length … Read more
5/30: Prime Time with John Dickerson – CBS News Watch CBS News John Dickerson speaks with Marie Yovanovitch, former U.S. ambassador to Ukraine, reports on where debt ceiling negotiations stand, and gets an update on a CBS News investigation into the U.S. military’s former “don’t ask, don’t tell” policy. Be the first to know Get … Read more
5/28: CBS Weekend News – CBS News Watch CBS News Biden optimistic Democrats will back debt ceiling plan; The family behind Fort Moore’s new name Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now Turn On
House Minority Leader Hakeem Jeffries says he expects Democratic support for debt ceiling deal – CBS News Watch CBS News President Joe Biden and House Speaker Kevin McCarthy announced late Saturday that they had reached an agreement in principle to raise the debt ceiling. Democratic House Minority Leader Hakeem Jeffries tells “Face the Nation” that … Read more
Washington — House Minority Leader Hakeem Jeffries expects Democrats will vote on a deal between House Speaker Kevin McCarthy and President Biden to increase the debt ceiling, but would not say how much support from his caucus he expects. “I do expect that there will be Democratic support once we have the ability to actually … Read more
Washington — Negotiators for President Biden and Republican congressional leaders on Saturday night reached an 11th-hour agreement in principle to raise the debt ceiling. Both sides came to the tentative agreement after weeks of delays that rattled markets and raised fears about a catastrophic default. Mr. Biden and McCarthy had spoken by phone earlier Saturday … Read more
WASHINGTON (AP) — President Joe Biden and House Speaker Kevin McCarthy reached an “agreement in principle” late Saturday as they raced to strike a deal that to limit federal spending and resolve the looming debt crisis ahead of a June 5 deadline, a person familiar with the situation said. A deal would avert a catastrophic … Read more