President Joe Biden has signaled that he might accept work requirement expansions as part of the compromise with Republicans to raise the debt ceiling, so long as they don’t affect health care programs. “I’m not going to accept any work requirements that’s going to impact on medical health needs of people,” Biden told reporters on…
Biden Rejects Republican Proposal to Apply Work Requirements to Medicaid
‘The Hustler,’ the 1913 US Open, and the Debt Ceiling Negotiations
Commentary There are powerful parallels in the 1961 movie “The Hustler,” the 1913 US Open, and the current debt ceiling negotiation. Let me explain. In each case, there is a real question of which competitor is going to succumb to the pressure and break. In “The Hustler,” Paul Newman plays Eddie Felton, a young pool…
Durham Report Highlights Closed-Door Oval Office Meeting Targeting Trump
The Durham report concludes significant failures in the FBI’s probe into the 2016 Trump campaign. What kind of impact is this having? Former Assistant Attorney General Jeff Clark and Steven Allan join us to weigh in. President Joe Biden holds a second closed-door meeting with congressional leaders to discuss raising the nation’s $31 trillion debt ceiling. Are the key…
NTD Evening News (May 16): McCarthy: Debt Ceiling Deal Possible by End of the Week; Heads of Failed Banks Testify
President Joe Biden held a second closed-door meeting on the nation’s $31 trillion debt ceiling. House Speaker Kevin McCarthy (R-Calif.) says a deal to raise the limit is possible by the end of the week. Lawmakers on Tuesday confronted the former CEOs of failed Silicon Valley Bank and Signature Bank on bank mismanagement and profitable stock sales. The…
LIVE NOW: NTD Evening News (May 16): McCarthy: Debt Ceiling Deal Possible by End of the Week; Heads of Failed Banks Testify
President Joe Biden held a second closed-door meeting on the nation’s $31 trillion debt ceiling. House Speaker Kevin McCarthy (R-Calif.) says a deal to raise the limit is possible by the end of the week. Lawmakers on Tuesday confronted the former CEOs of failed Silicon Valley Bank and Signature Bank on bank mismanagement and profitable stock sales. The…
McCarthy Says Biden Might Have a ‘Secret Plan’ on Debt Ceiling
May 16, 2023
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Business & Marketscongressdebt ceilingeconomic policiesExecutive BranchJoe BidenKevin McCarthyPoliticsUSUS News
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As the debt ceiling standoff continues to grip Washington, House Speaker Kevin McCarthy (R-Calif.) said Monday that President Joe Biden might have a “secret plan” to avoid a debt default and, if so, the Republican lawmaker is all for it. McCarthy made the remarks during a press conference on Capitol Hill while responding to a question…
Why Biden Can’t Use the 14th Amendment to Raise the Debt Ceiling
Commentary Some Senate Democrats are urging President Joe Biden to “use” the 14th Amendment to raise the debt limit by executive decree. For example, Elizabeth Warren (D-Mass.) stated: “The 14th Amendment is not anyone’s first choice. The first choice is that the Republicans raise the debt ceiling because the United States government never, ever, ever,…
McCarthy Says Delayed Debt Ceiling Talks ‘Not In a Good Place’ Ahead of Tuesday Meeting
May 16, 2023
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House Speaker Kevin McCarthy said on Monday that debt limit talks with Democrats and President Joe Biden are “not in a good place,” saying that Biden had delayed talks for 100 days. A debt ceiling meeting has been scheduled for 3 p.m. ET on Tuesday. The meeting was originally set for last Friday but was postponed. Adding…
Trump Criticizes DeSantis as Florida Governor Prepares for 2024
Florida stops funding diversity, equity, and inclusion programs in higher education. Meanwhile, former President Donald Trump criticized the state’s abortion laws. Ahead of a make-or-break meeting between President Joe Biden and House Speaker Kevin McCarthy on debt ceiling negotiations, what are the two saying as time is running out to avoid a default? Officers gathered in Washington, D.C.,…
Biden Administration and GOP Lawmakers Trade Jabs Over Impending Debt Ceiling Deadline
May 15, 2023
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Business & Marketscongressdebt ceilingDefault on Debteconomic policieseconomyLael BrainardPolicies & ImpactsPoliticsUSUS News
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As the United States hurtles yet again toward a deadline by which either its debt ceiling is raised or it defaults on its financial obligations, Biden administration officials and Congressional lawmakers took to the Sunday talk shows on May 14 to voice their positions and sway public opinion. It’s a financial game of chicken, with…
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