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Posts Tagged "deal"
( Page 10)
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Wednesday, May 31
by
ABC News
Debt ceiling deal to prevent default narrowly passes first big test in key House committee
(WASHINGTON) -- The debt ceiling deal brokered by President Joe Biden and House Speaker Kevin McCarthy cleared a major procedural hurdle on Tuesday night, just days before a potential default by the U.S. government.The House Rules Committee gave the green light for the Fiscal ...
Tuesday, May 30
by
ABC News
Debt ceiling deal to prevent default faces first big test in key House committee
(WASHINGTON) -- The debt ceiling deal brokered by President Joe Biden and House Speaker Kevin McCarthy faces its first major test Tuesday, just days before a potential default.With little time for delay, the powerful House Rules Committee, which controls how, when and whether a ...
Tuesday, May 30
by
ABC News
Rod Stewart calls off sale of his music catalog after deciding deal wasn’t “right”
Rod Stewart was all set to become the latest rock legend to cash in by selling off his music catalog, but he's now called off the deal.Music Week reports that Rod, 78, had been negotiating with Hipgnosis Songs, which has purchased ...
Tuesday, May 30
by
ABC News
Congress has days to OK debt limit deal before default: Timeline of what’s next
(WASHINGTON) -- A critical deal to raise the nation's debt ceiling was announced over the weekend, and lawmakers in Washington now face one week to pass the bill in both chambers of Congress before the predicted deadline when default would begin.Unless the $31.4 trillion ...
Monday, May 29
by
ABC News
Key questions and takeaways from the debt ceiling deal
(WASHINGTON) -- After months of back and forth, House Republicans and the White House this weekend unveiled a deal on raising the nation's $31.4 trillion borrowing limit while implementing some caps on government spending and other policy changes.The legislation, which was released publicly on ...
Sunday, May 28
by
ABC News
McCarthy announces tentative debt limit deal with White House
(WASHINGTON) -- Speaker Kevin McCarthy announced at a brief presser on Saturday night that House Republicans and the White House have reached a tentative deal to raise the federal government's debt limit, ending a monthslong stalemate."I just got off the phone with the president -- ...
Sunday, May 28
by
ABC News
McCarthy defends debt ceiling deal, predicts Democrats will join GOP in passing it to avert default
(WASHINGTON) -- A bipartisan majority of Congress will approve a compromise in the coming days to raise the nation's debt ceiling and avert a historic default that could upend the economy while enforcing some limits on government spending, House Speaker Kevin McCarthy predicted on Sunday.McCarthy, ...
Friday, May 26
by
ABC News
McCarthy says negotiators ‘made progress’ but no deal as default deadline nears
(WASHINGTON) -- With potential default just six days away, House Speaker Kevin McCarthy arrived at the Capitol Friday telling reporters he remained optimistic despite no deal in hand.McCarthy said negotiators "made progress" overnight but wouldn't get into specifics of the framework being discussed."And I'm ...
Thursday, May 25
by
ABC News
Debt ceiling negotiators ‘making progress,’ Biden says even as deal remains elusive
(WASHINGTON) -- Seeking to strike a reassuring tone despite days of negotiations, President Joe Biden said Thursday afternoon that he's had several "productive conversations" with House Speaker Kevin McCarthy and their teams are "making progress" on debt ceiling talks as the country inches closer ...
Tuesday, May 23
by
ABC News
McCarthy tells House Republicans ‘nowhere near a deal’ on debt, spending
(WASHINGTON) -- In a closed-door meeting with House Republicans Tuesday morning, Speaker Kevin McCarthy told his conference he and the White House are "nowhere a deal" on the debt limit and spending, urging members to hold firm, sources told ABC News."I need you all ...
Tuesday, May 23
by
ABC News
Biden and McCarthy sound optimistic on debt ceiling deal after meeting, but ‘differences’ remain
(WASHINGTON) -- House Speaker Kevin McCarthy left a White House meeting with President Joe Biden on Monday saying he was optimistic about progress toward a deal on the nation's debt ceiling -- but "philosophical differences" with Democrats remained, as the clock continues to tick ...
Monday, May 22
by
ABC News
Ahead of meeting with Biden, McCarthy says debt, spending deal needed ‘this week’
(WASHINGTON) -- President Joe Biden and House Speaker Kevin McCarthy will meet late Monday afternoon in the Oval Office to directly negotiate with just 10 days to reach a debt ceiling and spending deal -- or risk an unprecedented default.Ahead of their one-on-one session, ...
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