Debt ceiling deal: What are the next steps to pass the agreement into law?
The agreement includes spending cuts demanded by Republicans, but it is short of the reductions in the sweeping legislation passed by the Republican-led House last month.
Joe Biden
Debt ceiling crisis averted? McCarthy says ‘agreement in principle’ reached
Republican in the House of Representatives and the White House appear to have reached an ‘agreement in principle’ to raise the debt ceiling as the deadline neared.
Biden and McCarthy reach ‘in principle’ deal to raise debt ceiling days before US default
Agreement will reportedly raise debt limit for two years, but deal still needs approval from a divided US congressLawmakers in Washington were busily drafting legislation on Sunday after Joe Biden and the House Republican speaker, Kevin McCarthy, reach…
Biden and McCarthy hold debt ceiling talks amid signs a deal is close
Default deadline pushed to 5 June as work requirements for food aid recipients reportedly emerge as final sticking pointPresident Joe Biden and top congressional Republican Kevin McCarthy held a phone conversation on Saturday evening, according to a pe…
Biden ‘optimistic’ of debt ceiling deal as Yellen extends deadline to 5 June
Lawmakers on call over Memorial Day weekend as treasury secretary revises estimate of when US will run out of moneyUnless Congress raises the debt ceiling, the US will run out of money to pay its bills by 5 June, the treasury secretary, Janet Yellen, s…
Judge pauses South Carolina abortion ban; emerging debt ceiling agreement ‘has fewer cuts than expected’ – as it happened
Temporary block on restrictions until state supreme court can review; Joe Biden and Kevin McCarthy reportedly closing in on a dealA judge has blocked a South Carolina law enacted this week that bans most abortions past the six-week mark, a point at whi…
Joe Biden’s advisers say he doesn’t want to drag Pacific allies into ‘headlong clash’ between US and China
Senior White House official says president hears region’s concerns and ‘does not want conflict’ with ChinaJoe Biden’s senior advisers have acknowledged countries in the Indo-Pacific don’t want to be “trampled by a headlong clash” between the US and Chi…
Debt ceiling deal within sight as Biden and Republicans continue to negotiate
House adjourned for holiday weekend, but lawmakers could be recalled to vote on deal if agreement is reachedJoe Biden and Republican lawmakers on Thursday appeared to be nearing a deal to cut spending and raise the debt ceiling, with little time to spa…
Joe Biden vows ‘there will be no default’ after latest round of debt ceiling talks with Republicans – as it happened
President says bipartisan agreement is only way forward to avoid catastrophic defaultThe House has finished its legislative work for the week, and members are preparing to go home for Memorial Day weekend without a deal reached on raising the debt ceil…
US lawmakers blame each other for debt ceiling standoff: ‘They are not negotiating’
Democrats and Republicans continue to trade pointed remarks, underscoring that agreement is not in reach to avoid defaultLawmakers exchanged sharp criticism about who was to blame for the protracted standoff over the debt ceiling on Wednesday.As the co…