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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…
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…
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…
Florida governor took swipes at the media and NAACP during trouble-plagued announcement Full report: DeSantis confirms he is running for Republican nominationWith the executive and legislative branches locked in a standoff over raising the debt ceiling…
Florida governor reportedly to officially announce campaign on platform; McCarthy says debt deal possibly by 1 JuneFull report: DeSantis expected to launch 2024 presidential run on TwitterAhead of Florida governor Ron DeSantis’s presidential campaign a…
If the debt limit is not raised, the US government will default on its bills: a historic first likely to have catastrophic consequencesThe US House speaker Kevin McCarthy and president Joe Biden said they had a “productive” discussion on the debt ceili…
A Sunday night phone call between the president and Republican House speaker was reported to have struck a more positive toneUS president Joe Biden and House Republican speaker Kevin McCarthy have held a “productive” phone call on the continued impasse…
Janet Yellen, the treasury secretary, has said that without action the US will cease to be able to pay its debts around 1 JuneNegotiations for a deal to raise the US debt ceiling and thereby avoid a default with potentially catastrophic consequences fo…
Republicans are determined to link any increase in the ceiling with cuts to Biden’s signature climate legislationAmid warnings about looming fiscal catastrophe, the GOP is attempting to use Biden’s climate agenda as a bargaining chip over raising the d…
JP Morgan steps in to snap up most of California bankSign up to receive First Thing – our daily briefing by emailKamala Harris and Joe Biden are set to speak together at the White House imminently in what the administration is billing as “remarks durin…