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The Latest Breaking News from Joe Biden

Debt limit deal claws back unspent COVID relief money

As part of spending negotiations between the White House and House Republicans, pandemic-era aid is getting pulled back. A document circulated by the White House shows what would be cut.

WEKU

Spain risks following US, Brazil in lurch to far-right, PM says

Spain could follow the U.S. and Brazil in lurching to the far-right in a parliamentary election on July 23, Prime Minister Pedro Sanchez said on Wednesday, urging Spaniards to give him a "strong, resounding backing for the next four years".

Reuters

Bitcoin miners have averted a tax crisis for now, but the threat still looms

Public company CEOs from Marathon and Stronghold reckon with an uncertain regulatory environment.

Fortune

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Hawks worry about defense caps in debt limit deal - Roll Call

The debt limit deal would cap defense spending despite defense hawks in Congress calling for big increases to the Pentagon's budget.

Roll Call

Americans Fear 'Disaster' From Both Biden and Trump

Voters deserve much of the blame for this unnecessary mess.

Reason

Debt ceiling news – live: House votes to approve McCarthy-Biden deal as opposition collapses

Bill passed House Rules Committee on Tuesday despite Republican rebellion

The Independent UK

First Thing: Debt ceiling deal clears first hurdle and advances for debate

The committee voted 7-6 to allow debate by the full chamber with expected vote on passage today. Plus, the downfall of Elizabeth Holmes

The Guardian - UK

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US debt ceiling: Republican hard-right vows to ‘do everything in our power’ to oppose bill

Freedom caucus denounces House leader Kevin McCarthy’s deal with Joe Biden to raise the debt ceiling before the default deadline

The Guardian - US

McCarthy's magic number on the debt ceiling deal

The number of votes the bill gets from each party could signal who made the better deal.

Axios

U.S. resisting global push for peace

Global South leaders, and even some in NATO, are pushing Putin and Zelenskyy toward talks. Time for U.S. to step up

Salon

House and Senate wrangle over student loans

An agreement on the debt ceiling would not affect a Biden proposal to forgive up to $20,000 in student debt but would resume loan payments.

Roll Call

Deal averting US default clears first hurdle

WASHINGTON: A deal to raise the US debt ceiling passed its first major test in Congress on Tuesday, surviving a crucial procedural vote amid a conservative backlash that resurrected the threat of the country's first-ever default.

Bangkok Post

Markets tumble as Republicans threaten US debt deal

HONG KONG: Asian markets sank on Wednesday on worries that hardline Republicans could vote down a crucial bill to hike the US borrowing limit and risk a catastrophic default that could hammer an already fragile global economy.

Bangkok Post

Tara Reade, who accused Biden of sexual assault, says she has ‘defected’ to Russia at event with Kremlin spy

‘I feel very surrounded by protection and safety’

The Independent UK

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France 24

Tesla CEO Elon Musk visits China amid increased tensions with US

Elon Musk, Chief Executive of Tesla, is making a visit to China this week. As the electric vehicle company's second-largest market and a crucial player in its supply chain, the country holds significant importance for Tesla. After a meeting with the Chinese foreign minister, Musk was reported to have expressed…

Businessweek

Republicans Hail Big Spending Cuts That Economists Say Will Have Little Impact on the Economy

Analysts taking the measure of the debt-ceiling pact call it modest.

Salon

The wars we don't (care to) see

Few Americans have any sense of just how devastating (not to say unsuccessful) the war on terror has been

The Independent UK

AP News Digest 3:20 am

Here are the AP’s latest coverage plans, top stories and promotable content. All times EDT. For up-to-the minute information on AP’s coverage, visit Coverage Plan.

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The Independent UK

Elizabeth Holmes prison: Everything we know about disgraced Theranos founder going to jail

Inmates at the Texas prison where Holmes is expected to report to on Tuesday are placed into work programmes where some earn as little as 12 cents an hour

The Independent UK

Trump news - live: Trump caught on tape revealing he kept classified papers after presidency, report says

All the latest news today on the one-term president’s legal woes and 2024 campaign

The Independent UK

Asian stocks sink before US Congress votes on deal to avoid debt default

Asian stock markets are lower ahead of a vote by Congress on a deal to avert a government debt default while China factory activity weakened

The Independent UK

Ahead of House debt ceiling vote, Biden shores up Democrats and McCarthy scrambles for GOP support

Hard-fought to the end, the debt ceiling and budget cuts package is heading toward a crucial U.S. House vote

The Independent UK

Changes to food aid in debt bill would cost money, far from savings GOP envisioned

A Republican attempt to expand work requirements for federal food aid in debt legislation moving through Congress would increase federal spending by $2.1 billion over 10 years — far from the cuts GOP lawmakers had envisioned

The Independent UK

Culture wars, parenting and tiptoeing around Trump: Five takeaways from Ron DeSantis’s 2024 launch

Florida governor rolls into first caucus state to launch 2024 bid against Trump

The Independent UK

US Border Patrol chief is retiring following end of Title 42 restrictions at US-Mexico border

The head of U.S. Border Patrol is stepping down from the post, following major changes at the U.S.-Mexico border that came with the end of Title 42 pandemic restrictions

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Luiz Inacio Lula da Silva

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