President Joe Biden hinted at progress in talks with House Speaker Kevin McCarthy (R-Calif.) on raising the nation’s debt limit. “Let’s just sort of, kind of, join hands again a little bit. Let’s start treating each other with respect,” Biden said at the National Prayer Breakfast in Washington on Feb. 2. “That’s what Kevin and…
Biden Suggests Progress Being Made With McCarthy in Debt Ceiling Talks
McCarthy Hopeful of Eventual Compromise After Meeting Biden About Debt Ceiling
House Speaker Kevin McCarthy met with President Joe Biden at the White House on Feb. 1 to discuss the debt ceiling and spending cuts, a meeting that left McCarthy hopeful of finding common ground. “I thought it was a very good discussion. We walked out saying we will continue that discussion. And I think there…
President Biden to Speaker McCarthy: Say You Won’t Default on US Debt
President Joe Biden wants to avoid a default on U.S. financial obligations while spending an estimated $421 billion more than projected revenues this year. House Speaker Kevin McCarthy (R-Calif.) wants to balance the nation’s budget and reduce federal spending. In advance of a February 1 meeting between the two, the White House released a memo…
Republicans Take Social Security, Medicare ‘Off the Table’ in Debt Ceiling Talks
Rep. James Comer (R-Ky.), chairman of the House Oversight Committee, said on Jan. 30 that Republicans would not consider cuts to Social Security or Medicare in negotiations on raising the nation’s debt ceiling. “We’re not going to default,” Comer said. “But Republicans are going to fight for spending cuts. And I think the American taxpayer…
Renewable Energy Capacity to Nearly Double Over 5 Years: Report
December 6, 2022
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The world’s renewable energy capacity will jump by almost 75 percent in the next five years, the International Energy Agency (IEA) said on Tuesday, as countries turn to solar and wind power to curb their reliance on fossil fuels. This rapid growth, representing nearly 2,400 gigawatts of added capacity from 2022 to 2027, significantly exceeds…
TSMC to Open Second Chip Plant in Arizona, Boosting Investment to $40 Billion
December 6, 2022
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The world’s largest contract chipmaker is opening a second fabrication plant in Arizona to produce advanced semiconductor technology, as the U.S. government seeks to shore up America’s chipmaking supply chain. Taiwan Semiconductor Manufacturing Co. (TSMC), a major supplier to Apple, announced today that the second fabrication plant (or “fab”) will bring the company’s total investment…
Biden Asks Cambodian Prime Minister for Transparency on Chinese Military Activities at Naval Base
President Joe Biden on Saturday urged his Cambodian counterpart to ensure “full transparency” regarding Chinese military activities at Ream Naval base on Cambodia’s southern coast, the White House said. Biden met with Cambodian Prime Minister Hun Sen, who is also chair of the Association of Southeast Asian Nations (ASEAN), on the sidelines of the regional…
Biden Stumps for Rep. Mike Levin in San Diego
November 4, 2022
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OCEANSIDE, Calif.—President Joe Biden cited various bills passed during his presidency during an approximately 45-minute speech at MiraCosta College in Oceanside Nov. 3 evening to boost Rep. Mike Levin’s (D-Calif.) reelection campaign. After speaking directly to a young member of the crowd whose sign he could not read because of the small print, Biden started…
President Biden Plans Trip to San Diego This Week As Election Day Nears
November 1, 2022
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SAN DIEGO—As Election Day approaches, President Joe Biden visits San Diego to campaign for incumbent Rep. Mike Levin on Nov. 3 for the 49th Congressional District race. Details on the presidential visit are still unclear, but Levin’s director of communications Eric Mee said more will be revealed Nov. 2. What is known is that Biden…
State Department Walks Back Biden’s Remarks on Pakistan’s ‘Dangerous’ Nuclear Capability
The United States has expressed its confidence in Pakistan’s ability to control its nuclear assets after remarks by President Joe Biden cast doubt on the safety of Islamabad’s nuclear arsenal. Speaking to reporters on Oct. 17, State Department spokesperson Vedant Patel said that “the United States is confident of Pakistan’s commitment and its ability to…
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