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WASHINGTON (Reuters) -U.S. President-elect Donald Trump said on Sunday the 2023 debt ceiling extension agreed by then House Speaker Kevin McCarthy and President Joe Biden will "go down as one of ...
President-elect Trump harshly criticized the House GOP and former Speaker Kevin McCarthy (R-Calif.) on Sunday for a 2023 vote to raise the debt ceiling through Jan. 1, 2025. Trump in a post on ...
WASHINGTON (Reuters) - Kevin McCarthy earned his stripes as Republican speaker of the U.S. House of Representatives on Wednesday, navigating fierce hardline opposition to pass a debt ceiling bill ...
Speaker of the House Kevin McCarthy, R-Calif., arrives for a closed-door meeting with fellow Republicans as he pushes his sweeping debt ceiling package, at the Capitol in Washington, Wednesday ...
Bill passed after senators rejected 11 proposed amendments
On May 27, Biden and then-House speaker Kevin McCarthy struck a deal to increase the debt-ceiling but cap federal spending; [14] the resulting bill, the Fiscal Responsibility Act of 2023, passed the House on May 31 and the Senate on June 1. [15] Biden signed it into law on June 3, bringing the crisis to an end. [16]
President Joe Biden and House Speaker Kevin McCarthy have a tentative agreement that will raise the debt ceiling and end their standoff just days before a possible US default.. The deal, if ...
In May 2023, McCarthy negotiated with President Joe Biden on a deal to resolve a debt-ceiling crisis and an imminent debt default. In response, Republicans, led by Gaetz , balked and blocked consideration of a bill protecting gas stoves against federal regulations. [ 6 ]