Support from both parties will be needed to win congressional approval before a projected June 5 government default on U.S. debts.
that House Democrats had called a nonstarter. But bargainers stopped short of greater spending cuts overall that Republicans wanted. Lawmakers are not expected to return to work from the Memorial Day weekend before Tuesday, at the earliest, and McCarthy has promised lawmakers he will abide by the rule to post any bill for 72 hours before voting.The Democratic president and Republican speaker reached the agreement after the two spoke Saturday evening by phone.
With the outlines of an agreement in place, the legislative package could be drafted and shared with lawmakers in time for House votes as soon as Wednesday, and later in the coming week in the Senate. The two sides had also reached for an ambitious overhaul of federal permitting to ease development of energy projects. Instead, the agreement would put in place changes in the landmark
Both sides have suggested one of the main holdups was a GOP effort to expand work requirements for recipients of food stamps and other federal aid programs, a longtime Republican goal that Democrats have strenuously opposed. The White House said the Republican proposals were “cruel and senseless.”
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Biden, GOP reach debt-ceiling deal, now Congress must approve it to prevent calamitous defaultPresident Joe Biden and House Speaker Kevin McCarthy have reached an “agreement in principle” to resolve the looming debt crisis
Weiterlesen »
Biden, GOP reach debt-ceiling deal, now Congress must approve it to prevent calamitous defaultPresident Joe Biden and House Speaker Kevin McCarthy have reached an “agreement in principle” to resolve the looming debt crisis.
Weiterlesen »
Debt ceiling 2023: Biden, GOP reach deal; now Congress must approve it to prevent calamitous defaultPresident Joe Biden and House Speaker Kevin McCarthy reached an 'agreement in principle' to raise the nation's legal debt ceiling.
Weiterlesen »
Debt ceiling 2023: Biden, GOP reach deal; now Congress must approve it to prevent calamitous defaultPresident Joe Biden and House Speaker Kevin McCarthy reached an 'agreement in principle' to raise the nation's legal debt ceiling.
Weiterlesen »
Debt ceiling 2023: Biden, GOP reach deal; now Congress must approve it to prevent calamitous defaultPresident Joe Biden and House Speaker Kevin McCarthy reached an 'agreement in principle' to raise the nation's legal debt ceiling.
Weiterlesen »
Debt ceiling 2023: Biden, GOP reach deal; now Congress must approve it to prevent calamitous defaultPresident Joe Biden and House Speaker Kevin McCarthy reached an 'agreement in principle' to raise the nation's legal debt ceiling.
Weiterlesen »