Debt ceiling: House nears vote to avert default with Biden, McCarthy confident of passage

Brasil Notícia Notícia

Debt ceiling: House nears vote to avert default with Biden, McCarthy confident of passage
Brasil Últimas Notícias,Brasil Manchetes
  • 📰 KTVU
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 53%

The debt ceiling and budget cuts package is heading toward a crucial U.S. House vote on Wednesday. Here's what to know.

Biden expressed optimism that the agreement he negotiated with McCarthy would pass the chamber.

"Everybody has a right to their own opinion, but on history, I’d want to be here with this bill today," McCarthy, R-Calif., said as he arrived at the Capitol. A much larger conservative faction, the Republican Study Committee, declined to take a position. Even rank-and-file centrist conservatives were unsure, leaving McCarthy hunting for votes.Ominously, the conservatives warned of possibly trying to oust McCarthy over the compromise.Biden was speaking directly to lawmakers, making more than 100 calls, the White House said.

In a surprise that could erode Republicans' support, the CBO said their drive to impose work requirements on older Americans receiving food stamps would end up boosting spending by $2.1 billion over the time period. That's because the final deal exempts veterans and homeless people, expanding the food stamp rolls by 78,000 people monthly, the CBO said.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

KTVU /  🏆 465. in US

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

House to vote on debt ceiling dealHouse to vote on debt ceiling dealThe House is expected to vote on a deal to increase the debt ceiling and limit spending Wednesday night, amid opposition from lawmakers on both ends of the political spectrum.
Consulte Mais informação »

Debt ceiling bill clears first House hurdle, teeing up Wednesday voteDebt ceiling bill clears first House hurdle, teeing up Wednesday voteRep. Thomas Massie broke with two other conservatives on the House Rules Committee to advance the legislation to the House floor.
Consulte Mais informação »

US debt ceiling bill set for tight vote in House on WednesdayUS debt ceiling bill set for tight vote in House on WednesdayThe U.S. House of Representatives is due to vote on Wednesday on a bill to lift the government's $31.4 trillion debt ceiling, a critical step to avoid a destabilizing default that could come early next week without congressional action.
Consulte Mais informação »

WATCH LIVE: White House holds press briefing ahead of House debt ceiling voteWATCH LIVE: White House holds press briefing ahead of House debt ceiling voteWhite House press secretary Karine Jean-Pierre is giving a press briefing alongside National Security Council spokesman John Kirby.
Consulte Mais informação »

Bitcoin Edges Below $28K as Investors Eye US Debt Ceiling ProgressBitcoin Edges Below $28K as Investors Eye US Debt Ceiling ProgressBitcoin fell below $28,000 during U.S. trading hours on Tuesday but then steadied as investors monitored progress on a debt ceiling deal. _jocelynyang_ reports
Consulte Mais informação »

Debt limit compromise gets thumbs down from Ohio’s JD VanceDebt limit compromise gets thumbs down from Ohio’s JD Vance“The more I learn about this debt ceiling deal, the more I think it’s bad news,” the Cincinnati Republican opined on Twitter.
Consulte Mais informação »



Render Time: 2025-02-27 04:08:56