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The Latest Breaking News from Kevin McCarthy

Debt limit talks pared down to proxies for Biden, McCarthy - Roll Call

President Joe Biden and Speaker Kevin McCarthy on Tuesday tapped proxies to negotiate directly over how to increase the debt limit.

Roll Call

McCarthy parries move on Santos expulsion by invoking Ethics Committee - Roll Call

The House will consider this week whether to expel embattled New York GOP Rep. George Santos, after a Democrat forced a vote.

Roll Call

Democrats float scheme to protect McCarthy from debt ceiling revolt

A McCarthy spokesperson said he has "zero interest" in the "garbage" effort.

Axios

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Recess starting to feel distant as debt limit deadline nears - Roll Call

The federal government is expected to run out of enough funds to pay all its bills on time as soon as June 1.

Roll Call

Biden cuts a planned trip short as debt default threat looms

After a White House meeting Tuesday with top congressional leaders on raising the nation's debt limit, President Biden canceled part of an upcoming trip to focus on the debt ceiling talks.

WEKU

Biden reportedly cuts Asia trip short as debt ceiling talks enter crunch time – as it happened

President will return to the US on Sunday immediately following G7 to ensure Congress takes action to avoid 1 June default

The Guardian - US

Debt ceiling showdown: Biden and congressional leaders to meet as McCarthy pushes for faster deal

President Joe Biden will discuss the debt limit with House Speaker Kevin McCarthy and congressional leaders at the White House

The Independent UK

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Dow Jones Futures: McCarthy Says Sides Are 'Far Apart' On Debt Ceiling; AI Stock C3.ai Rockets 23%

Dow Jones futures: House Speaker Kevin McCarthy said the sides are "far apart" on debt ceiling talks. AI stock C3.ai rocketed 23%.

Investors Business Daily

Yellen holds firm on potential June 1 debt ceiling deadline

“I still think we’re far apart,” McCarthy told NBC News on Monday.

Axios

Dow Jones Up As McCarthy Gives Debt Ceiling Warning; Activist Investor Targets This Growth Stock

The Dow Jones rose as Kevin McCarthy gave a debt ceiling warning. Microsoft stock rose after a regulator boosted a deal. Meta stock popped.

Investors Business Daily

Parties scramble for deal on debt limit, budget - Roll Call

Democratic and Republican staff negotiators spent the weekend and a good part of Monday trying to get on the same page in debt limit talks.

Roll Call

Biden, congressional leaders to meet Tuesday for talks on raising the debt limit

President Joe Biden says he will resume talks with congressional leaders at the White House on Tuesday as a standoff over the debt limit pushes the country closer to its legal borrowing limit with no agreement in sight

The Independent UK

Dow Jones Falls Ahead Of Biden-McCarthy Meeting; 6 Best Stocks To Buy And Watch

The Dow Jones dropped Monday ahead of Tuesday's planned meeting between President Joe Biden and House Speaker Kevin McCarthy.

Investors Business Daily

What you need to know about the debt ceiling as the deadline looms

What is the debt ceiling? What could happen if it's not raised? Here are answers to questions you may be asking about the debt limit and the fight over it.

WEKU

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France 24

President Biden 'optimistic' on US debt talks with Republicans

President Joe Biden and congressional leaders will likely resume talks on Tuesday at the White House over the debt limit, the president said Sunday, as the nation continues to edge closer to its legal borrowing authority with no agreement in sight.

The Independent UK

Biden, congressional leaders likely to meet Tuesday for talks on raising the debt limit

President Joe Biden says he and congressional leaders will likely resume talks on Tuesday at the White House over the debt limit as the nation continues to edge closer to its legal borrowing authority with no agreement in sight

Fortune

The debt limit fight is a 'game of chicken' that only has one loser: The U.S. economy

There could be serious economic damage in the U.S. and elsewhere if the debt ceiling fight nears the default deadline.

The Guardian - US

As Trump’s lies and scandals deepen, the GOP responds as usual – with silence

That Republican elders dare not alienate the ex-president’s fanbase shows how fully he has shaped the party in his image

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The Independent UK

Debt ceiling talks push Washington toward new era of deficit cuts

One outcome is clear as Washington reaches for a budget deal to end the debt ceiling standoff: The ambitious COVID era of government spending is giving way to a new focus on stemming deficits

The Texas Tribune

U.S. Rep. Dan Crenshaw tapped to lead GOP response on Mexican drug cartels

The Houston Republican has alarmed Mexico and Democrats with previous calls for a military response to the criminal organizations.

Zenger

Sen. Bernie Sanders Hosts Anti-Israel Event In Senate Office Building

After Speaker of the House Kevin McCarthy (R-Calif

The Independent UK

New audio captures George Santos asking filmmaker to pay him for interview

The documentary project was scrapped after team realised congressman would be expecting ‘lots’ of money

Roll Call

Kevin McCarthy’s chief of staff Dan Meyer to retire in June - Roll Call

Kevin McCarthy’s chief of staff, Dan Meyer, will retire after a long career in the public and private sectors.

WEKU

As debt ceiling talks progress, Biden and lawmakers are postponing their meeting

White House and congressional staff will continue to meet, but President Biden and congressional leaders will hold off on their plan to gather on Friday.

The Independent UK

Debt limit meeting postponed, White House says

A source familiar with the talks between the White House and Congressional leaders said the delay is ‘a positive development’

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