The Latest Breaking News from Kevin McCarthy

US President Joe Biden and top Republican Kevin McCarthy are reportedly inching closer to a deal over the US debt ceiling.

WASHINGTON — Debt limit negotiations on Thursday morning had the feel of a deal starting to come together, with no in-person meetings scheduled but both sides working through various options in advance of the long holiday weekend.

Political calculations and concerns about legislative precedent have brought the government to within a week of a potential debt default.

After sounding like an admitted 'broken record' on the debt talks, the White House is sounding a sharper tone about House Republicans.

Negotiators working to hash out a deal to raise the debt limit were getting closer to agreement late Thursday.

I've never seen a president this bad at communicating his agenda. If he loses to Trump, it'll be his own damn fault

"Democrats know they will have to eat a turd sandwich," one House Democrat told Axios.

June S&P 500 futures (ESM23) are up +0.63%, and June Nasdaq 100 E-Mini futures (NQM23) are up +1.74% this morning after three major U.S. benchmark indices finished the regular session in the red as talks between the White House and Republican representatives on raising the U.S. debt ceiling ended without…

Biden is leaning on Young's experience negotiating on Capitol Hill to help him find a way to cut through the raw politics of Washington and find an agreement to lift the debt ceiling.