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The Latest Breaking News from Kevin McCarthy

Debt ceiling deal within sight as Biden and Republicans continue to negotiate

House adjourned for holiday weekend, but lawmakers could be recalled to vote on deal if agreement is reached

The Guardian - US

Leadership dynamics explain why there’s still no debt limit deal - Roll Call

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

Roll Call

No longer a 'broken record,' White House throws a few elbows with debt messaging - Roll Call

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

Roll Call

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Parties moving closer on debt ceiling deal as talks drag on - Roll Call

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

Roll Call

Joe Biden: On the brink of doom

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

Salon

Democrats are dreading a potential debt ceiling deal

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

Axios

Stocks Climb Before the Open as Investors Await Key U.S. GDP Data, Nvidia Results Boost Sentiment

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…

Barchart

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Biden is counting on Shalanda Young to cut a spending deal Republicans can live with

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.

WEKU

First Thing: Tributes paid to ‘queen of rock and soul’ Tina Turner

Stars including Mick Jagger, Elton John and Diana Ross pay tribute to the singer who has died at 83. Plus, how the invasion of Ukraine ‘has fuelled funding boom for clean energy’

The Guardian - UK

Bice ponders family leave bill as she juggles multiple priorities

Stephanie Bice is a busy woman. She sits on four committees — double the usual most House members get — represents the class of 2020 on the Republican leadership team, and is the vice chair of the Republican Main Street Caucus. Oh, and she’s chairing a subcommittee with a modest…

Tribune News Service

AP News Digest 3:45 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.

The Independent UK

McCarthy's Republicans push debt ceiling talks to brink, lawmakers leaving town for weekend

House Republicans are pushing debt ceiling talks to the brink

The Independent UK

Look who's talking: Biden goes quiet in debt-limit talks, while McCarthy can't stop chatting

President Joe Biden has made a deliberate decision to go quiet as his team gets down to the wire in the debt-limit talks, according to White House officials

The Independent UK

McCarthy faces pressure from conservatives vital to his job as debt talks resume

WASHINGTON — House conservatives ratcheted up pressure on Speaker Kevin McCarthy to hold firm in talks over raising the debt ceiling just days before a potentially catastrophic U.S. default.

Tribune News Service

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Tribune News Service

McCarthy signals debt deal optimism as US is put on credit watch

WASHINGTON — House Speaker Kevin McCarthy’s optimism that White House and GOP negotiators would reach a deal in time to avert a potentially catastrophic default didn’t mollify analysts as the U.S. was put on a ratings watch late Wednesday.

Tribune News Service

George Santos secures three mystery guarantors for $500,000 bail in fraud case

George Santos, the embattled Republican congressman charged by the U.S. with fraud and money laundering, has secured three mystery guarantors for his $500,000 bond.

Fortune

Want to solve the debt ceiling crisis? Let Congress actually vote

A majority of lawmakers want a solution; their leaders should let them enact it

Tribune News Service

McCarthy says GOP and White House ‘have time’ to reach debt deal

WASHINGTON — House Speaker Kevin McCarthy expressed optimism Wednesday that White House and GOP negotiators would reach a deal in time to avert a potentially catastrophic U.S. default.

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news in one place.

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Fortune

Massive money manager Pimco likens passing a debt ceiling deal to passing a kidney stone: ‘We are in the painful period right now’

“We know it will pass, it is just a question of how painful it will be,” Pimco’s Libby Cantrill wrote Wednesday.

Roll Call

Debt limit vibe back on the upswing after White House meeting - Roll Call

Speaker Kevin McCarthy said Wednesday that negotiations to lift the statutory debt limit are going better than they had been a day earlier.

Tribune News Service

GOP, Biden negotiators resume talks amid debt default impasse

WASHINGTON — Negotiators for the White House and House Republicans resumed talks on lifting the U.S. debt ceiling amid an impasse just days before a potentially catastrophic default, according to a person familiar with the matter.

The Guardian - US

US lawmakers blame each other for debt ceiling standoff: ‘They are not negotiating’

Democrats and Republicans continue to trade pointed remarks, underscoring that agreement is not in reach to avoid default

Salon

MTG bought McCarthy's used Chapstick

The House GOP caucus "auctioned off" lip balm used by the House speaker amid debt ceiling negotiations

The Independent UK

Watch as Kevin McCarthy provides update on debt crisis as ceiling deadline looms

Watch as Kevin McCarthy holds a news briefing in the Capitol to speak on the US debt crisis.

Tribune News Service

Debt-limit talks stall as time runs short to avert US default

Debt limit talks in Washington have hit a fresh impasse with negotiators far apart on key issues, especially the spending cuts demanded by Republicans, as time runs short to avert a historic US default.

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