The Latest Breaking News from Chip Roy

Lawmakers are working against the clock to avert an unprecedented debt default. The Treasury Department has said the U.S. could run out of money to pay its bills as soon as June 5.

If Democrats don't abolish this monstrous terrorist weapon the next time they get a trifecta, it'll be unforgivable

The bill is set for a Wednesday vote in the House despite multiple Republicans criticising it

"The Republican conference has been torn asunder."

Joined in opposition by four Texas Democrats, the “no” votes weren’t enough to sink the proposal, which next heads to the U.S. Senate.

Debt limit legislation cleared its first critical hurdle Tuesday, when the House Rules Committee backed the terms for floor debate.

McCarthy, who struck a compromise deal to avoid a debt default, faces criticism from members of his own conference and a potential threat that could oust him as speaker. He says his job is secure.

Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the Environmental, Social, and Corporate Governance (ESG) trends and events that characterize the growing intersection between business and politics.

The Kentucky GOP lawmaker appeared to keep lawmakers’ efforts to avoid a debt default as soon as June 5 on track.