Biden to address nation from Oval Office after avoiding catastrophic default
President Joe Biden will address the nation from the Oval Office on Friday evening -- his first time speaking to the country directly from that setting -- following congressional passage of a compromise measure that raises the federal borrowing limit and avoids a catastrophic default.
2023-06-02 23:24
Biden lauds U.S. job growth, says debt ceiling bill to also boost economy
WASHINGTON U.S. President Joe Biden said the bipartisan debt ceiling bill is expected to further boost the nation's
2023-06-02 21:58
Senate passes bill to block Biden's student loan forgiveness program
Both the Senate and the House have now passed a bill to block President Joe Biden's student loan forgiveness program, which promises to cancel up to $20,000 of debt for millions of borrowers but has been held up by courts.
2023-06-02 02:55
Debt ceiling deal heads to US Senate for approval
The Senate must approve the deal and send it to the president's desk this weekend to avoid a default.
2023-06-02 00:28
Debt ceiling deal: US House overwhelmingly passes bill
The Senate must approve the deal and send it to the president's desk this weekend to avoid a default.
2023-06-01 10:20
Debt ceiling deal exposes Biden and McCarthy's weaknesses with their parties' extremes
President Joe Biden and House Speaker Kevin McCarthy convinced themselves of a compromise deal to slow federal spending and replenish the near-empty treasury with borrowed cash.
2023-05-30 12:23
Lawmakers race to secure US debt deal votes as deadline looms
A deal to raise the debt ceiling must now pass in the narrowly-divided House of Representatives.
2023-05-30 02:58
Biden and McCarthy race to sell their debt ceiling deal to lawmakers before the government runs out of money
The "agreement in principle" clinched by House Republicans and the White House late Saturday to raise the nation's borrowing limit was the culmination of mad-dash negotiations over the course of the past week that regularly stretched late into the night.
2023-05-28 12:21
US debt ceiling: Negotiators agree a deal in principle, McCarthy says
The White House and the Republicans are now said to be ironing out details of a bill to avert a default.
2023-05-28 09:18
US oil and gas auction yields nearly $80 million for federal coffers
(Reuters) -The U.S. on Thursday held its first sale of oil and gas drilling rights on federal lands since passage
2023-05-26 04:57
Biden says he, McCarthy had productive talks on debt ceiling
WASHINGTON U.S. President Joe Biden said he has had several productive conversations with House Speaker Kevin McCarthy in
2023-05-26 02:57
Exclusive-California seeks U.S. approval to end gas-only new vehicle sales by 2035
The state of California has asked the Biden administration to approve its plan to require all new vehicles
2023-05-24 02:53