The continued deadlock could have significant consequences for everyday Americans with potential impacts on interest rates, social programs, and even the country’s credit rating.
Yellen has cautioned that the U.S. will not be able to fulfill its outstanding financial obligations beyond June 1 unless Congress approves new treasury borrowing authority. Crafting a bill that can secure the support of House Republicans and President Biden poses a significant challenge.
House Speaker Kevin McCarthy has unveiled his proposal to raise the debt ceiling by $1.5 trillion for a year while attempting to repeal major components
After 15 rounds, House Republicans have finally elected a speaker: California Rep. Kevin McCarthy. The 118th Congress is now official, but House Minority Leader Hakeem
A vote to oust Rep. Liz Cheney (R-WY) from her position Republican conference chair is expected this week, led by Minority Leader Kevin McCarthy (R-CA).
A sweeping House GOP immigration overhaul teetered on the brink of collapse Thursday as lawmakers struggled to move past an issue that has become politically
Republicans struggled to get their stories straight Tuesday as President Donald Trump’s Homeland Security secretary became the latest GOP official to offer an inconclusive version
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