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U S Rep Richard E Neal expects a deal to lift the debt limit; he fears chaos if that fails

The Congressman, the ranking member of the House Ways & Means Committee, stressed Friday that Republicans paused, but did not abandon, negotiations on the debt limit.

United statesNew yorkEvan vucciJanet yellinKevin mccarthyChuck schumerGeorge santosRicharde nealHakeen jeffriesJoe bidenMitch mcconnellSenate majority leader senOval office of the white houseDemocratic senateSupreme courtKevin mccarthy senate minority leader mitch mcconnell

What would a U S goverment default mean? Job cuts, no Social Security, more

If the government’s legal borrowing limit of $31.4 trillion is not raised or suspended by June 1, the result could be financial havoc.

United statesWhite houseDistrict of columbiaJanet yellenChuck schumerMitch mcconnellKevin mccarthyHakeen jeffriesEvan vucciManuel balce cenetaJoe bidenOval office of the white houseKevin mccarthy senate minority leader mitch mcconnellSenate majority leader senAssociated pressSocial security

Debt ceiling showdown: House Republicans push Democrats to stay in town during spending talks

House Republicans told Senate leaders to postpone their recess until a debt ceiling agreement is complete.

Rehoboth beachUnited statesThe white houseDistrict of columbiaWhite housePapua new guineaChuck schumerMitch mcconnellHakeen jeffriesEvan vucciJanet yellenKevin mccarthyJoe bidenKevin mccarthy senate minority leader mitch mcconnellSenate majority leader chuck schumerSenate majority leader sen

Progressives vow push back against debt ceiling bill if Biden concedes to McCarthy

House Progressives are warning President Joe Biden about conceding in debt ceiling talks.

United statesAl iskandariyahWhite houseDistrict of columbiaEvan vucciHakeen jeffriesJ scott applewhiteBernie sandersChuck schumerIlhan omarMitch mcconnellPramila jayapalJoe bidenKevin mccarthyOval office of the white houseKevin mccarthy senate minority leader mitch mcconnell

Senate leaders play debt ceiling blame game while aides negotiate behind the scenes

Aides for top congressional leaders resumed talks on raising the nation’s debt limit behind closed doors, even as top Senate leaders continue to wage a messaging war one day after meeting with President Joe Biden.

United statesWhite houseDistrict of columbiaNancy pelosiHakeen jeffriesKevin mccarthyJanet yellenJoe bidenChuck schumerDonald trumpSteve mnuchinEvan vucciMitch mcconnellBarack obamaOval office of the white houseSenate majority leader chuck schumer

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