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The Latest Breaking News from Freedom Caucus

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

Freedom Caucus promises "reckoning" over McCarthy's debt ceiling deal

"The Republican conference has been torn asunder."

Axios

Debt limit deal clears key hurdle; more land mines await - Roll Call

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

Roll Call

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GOP leaders bullish on debt ceiling vote despite rebellion

Conservatives and fiscal hawks say the bill doesn't cut spending enough.

Axios

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

WASHINGTON — Political calculations and concerns about legislative precedent within Congress and the White House have brought the government within a week of potentially failing to pay all of its debt obligations.

Tribune News Service

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

US Republicans upbeat on debt deal as budget hawks dig in

Washington (AFP) - Top US Republican Kevin McCarthy said Thursday he saw "the path" to a breakthrough in talks to avert a looming debt default, despite signals from his party's hard right that they would not soften their demands for deep spending cuts.

AFP

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Democrats float scheme to protect McCarthy from debt ceiling revolt

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

Axios

Trump splits the House Freedom Caucus: "He's going to say whatever he wants"

"He's going to say whatever he wants to," said one GOP hardliner.

Axios

GOP moderates privately panic over debt ceiling deal

"This looks messy but just look at the results — we got it done.”

Axios

Zooey Zephyr row spotlights rise of GOP far-right caucuses

The banishment of transgender lawmaker Zooey Zephyr from Montana’s House floor has showcased the rising power of hard-line conservatives who are leveraging divisive social issues to gain political influence

The Independent UK

McCarthy's debt ceiling lesson for House Republicans

"I'm incredibly proud of my brothers and sisters," one House Republican told Axios.

Axios

GOP leaders try to woo holdouts ahead of debt limit vote - Roll Call

Speaker Kevin McCarthy plans to bring the GOP debt limit bill to the floor Wednesday without changes sought by some Republican lawmakers.

Roll Call

McCarthy at risk of falling short on GOP votes for debt ceiling bill

“The Freedom Caucus plan is wagging the conference dog,” one House Republican told Axios.

Axios

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Tribune News Service

Republicans flock to earmarking as new rules take effect

WASHINGTON — Interest in bringing home federal funding earmarks in appropriations bills is growing among House Republicans under new restrictions the GOP majority instituted for the next fiscal year.

Axios

GOP holdouts coalesce around McCarthy's debt ceiling bill

“Most of us that I talked to that were in the Biden districts were supportive of it."

Roll Call

Republicans flock to earmarking as new rules take effect - Roll Call

Some high-profile Republicans who did not request earmarks while Democrats ruled the House are seeking them now.

Tribune News Service

House Republicans struggle for unity on debt limit package

WASHINGTON — House Republicans are divided over the best mechanism for extending the debt limit deadline and how deep to cut spending in their nascent plan.

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Roll Call

Climate credits, IRS funds snarl GOP debt limit talks - Roll Call

A push to repeal clean energy tax credits and IRS enforcement funding has emerged as a key sticking point in House GOP debt limit talks.

Tribune News Service

McCarthy to Biden on debt limit: ‘You are on the clock’

WASHINGTON — Speaker Kevin McCarthy on Tuesday wrote to President Joe Biden asking him to set a date for their next negotiating meeting on the debt limit by the end of the week.

Roll Call

White House, Democrats unload on GOP spending cuts scenarios - Roll Call

President Joe Biden and House Democrats launched separate attacks on potential House Republican-proposed spending cuts Monday.

Roll Call

Balanced budget takes back seat to paring spending to ’22 levels at GOP retreat - Roll Call

House Republicans are lowering expectations for a balanced budget blueprint this year, but committed to cap next year’s spending.

Axios

White House sounds alarm on Freedom Caucus' budget plan

Proposals would damage programs all Americans depend on, administration says.

Tribune News Service

DeSantis scores 1st congressional endorsement over Trump, from Texas Rep. Chip Roy

WASHINGTON – Florida Gov. Ron DeSantis scored his first congressional endorsement for president, as Texas Rep. Chip Roy, a leader in the far-right Freedom Caucus, urged conservatives Wednesday to look past Donald Trump in 2024.

Axios

Senate GOP risks repeat debacle as controversial candidates prep for 2024

There are already five critical Senate races in which primary headaches are looming.

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