After a late-night haggling session, it was still not clear whether Speaker Kevin McCarthy could pass his fiscal plan, which would tie a yearlong debt ceiling increase to spending cuts and policy changes.
Tag: McCarthy, Kevin (1965- )
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China Detains Taiwan-Based Publisher in National Security Investigation
Li Yanhe’s publishing company put out books that often cast a critical eye on China’s ruling Communist Party. He disappeared while on a trip to China.
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After a Hellish Start and a Honeymoon, McCarthy Faces His First Big Test
The Republican speaker has stuck to partisan bills that have kept his party united. That ends with a tough vote to raise the debt limit in exchange for spending cuts.
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Republicans Tiptoe Around Deep Cuts in Debt Limit Fight With Biden
House Republicans pitched their 2011 debt limit bill aggressively, trumpeting a zeal for deep spending cuts. Their latest fiscal plan tiptoes around them, with a milder slogan to match.
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Hillary Clinton: Republicans’ Debt-Ceiling Games Threaten National Security
The former secretary of state on why the Republicans’ game with the debt ceiling is landing at a particularly perilous moment for the economy and for global security.