House and Senate Republicans were critical of the deal's time frame and emerging terms.
A failure by Congress to deal with its self-imposed debt ceiling before June 5 could trigger a default that would shake financial markets and send the United States into a deep recession.
Roy complained on Twitter on Sunday that the agreement would leave intact an expansion of the tax-collecting Internal Revenue Service set in place when Democrats controlled both chambers of Congress. "Punting at your opponent's one-yard line isn't a winning strategy," Republican Senator Mike Lee said on Twitter.
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President Biden, House Speaker Kevin McCarthy strike tentative debt ceiling dealPresident Biden and House Speaker Kevin McCarthy have struck a tentative deal to raise the debt ceiling on Saturday night, sources close to the talks have said. The deal to raise the government&82…
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House Republicans are fighting back against Biden’s lawlessness in one big wayOn issue after issue, Congress has cravenly delegated its constitutional authority to the president so it can avoid upsetting voters by actually making tough calls. But, at least on student loans, House Republicans are standing up for the Constitution and sound policy by fighting to reclaim their…
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House Republicans, White House reach deal in principle to raise debt limit, sources tell ABC NewsHouse Republicans have reached an agreement to raise the nation's debt limit in principle with the White House, sources tell ABC News.
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House Republicans, White House reach deal in principle to raise debt limit, sources tell ABC NewsHouse Republicans have reached an agreement to raise the nation's debt limit in principle with the White House, sources tell ABC News.
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House Republicans, White House reach deal in principle to raise debt limit, sources tell ABC NewsHouse Republicans have reached an agreement to raise the nation's debt limit in principle with the White House, sources tell ABC News.
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