Members of the ultraconservative Freedom Caucus effectively shut down the House floor for several hours, calling the speaker’s fiscal compromise with President Biden a betrayal.
Tag: McCarthy, Kevin (1965- )
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Biden Signs Fiscal Responsibility Act, Ending Debt-Limit Crisis
Now that the bill is law, the nation will not risk running out of money to pay its obligations for two years.
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How to Enforce a Debt Deal: Through ‘Meat-Ax’ Cuts Nobody Wants
The debt-limit legislation includes a provision meant to force both sides to pass additional bills following through on their deal: the threat of automatic cuts if they fail to do so.
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Biden Notches Win on Debt Ceiling Deal, but Lets Others Boast
President Biden brokered a debt limit deal by following instincts developed through long, hard and sometimes painful experience in Washington.