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The Latest Breaking News from Kevin McCarthy

"Good riddance": GOP lawmakers' private glee at Tucker Carlson firing

“Tucker being gone makes my life easier with many things including Ukraine,” one GOP lawmaker said

Axios

"Nobody believes her": Republicans believe debt ceiling cliff is further than Yellen claims

Deadlines only work if all the parties actually believe that they are real.

Axios

US Senate launches latest legislative effort to take on China

Congressional push comes as US secretary of state says he will reschedule China visit cancelled over ‘spy balloon’ row.

Al Jazeera

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Tax pledge’s father bestows blessing on GOP debt limit package - Roll Call

Grover Norquist says his group determined a debt limit bill wouldn’t raise taxes, which helped Speaker Kevin McCarthy secure a narrow win.

Roll Call

Federal Reserve increases interest rates by a quarter point to 16-year high – as it happened

Central bank announces 10th straight increase – follow all the latest news

The Guardian - US

How to weaponize Republicans' propaganda

It's far past time to stop calling the GOP the party of "family values"

Salon

Debt-ceiling countdown sparks scramble for Plan B

Top Biden officials are privately debating a controversial escape hatch.

Axios

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Debt deadline: White House meeting set, but no solution yet

Facing the risk of a government default as soon as June 1, President Joe Biden has invited the top four congressional leaders to a White House meeting for talks next week

The Independent UK

Senate, for now, defers to Biden and McCarthy on debt talks - Roll Call

Senators are so far standing firm on letting Speaker Kevin McCarthy and President Joe Biden work out how to address the debt limit.

Roll Call

Yellen puts Congress on notice over impending debt default date: 5 essential reads on what's at stake

Lawmakers have been given notice of a new deadline if they are to avoid a damaging default on U.S. debt: June 1, 2023.

The Conversation

The Clock Is Ticking: U.S. Could Default on Debt Payments by June 1

It's time for President Joe Biden and House Speaker Kevin McCarthy to strike a deal that will avoid a default and cut spending.

Reason

Bipartisan US debt ceiling talks restart as deadline moves closer – as it happened

Joe Biden schedules 9 May meeting with congressional leaders after warning US could default on debt as soon as 1 June

The Guardian - US

Yellen breaks the debt ceiling ice

The timeline is more urgent than it looks, and a vast chasm remains between the two parties.

Axios

Yellen warns of looming June 1 US debt ceiling deadline

US Treasury Secretary Janet Yellen has written to congressional leaders warning that the federal government could run out of cash as early as June 1, unless they agree on raising the debt limit or suspending it. President Joe Biden has invited Republican House leader Kevin McCarthy for talks on May…

France 24

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Asharq Al-Awsat

House Speaker Offers to Host Netanyahu if Biden Doesn't Send an Invite

The US House Speaker, Kevin McCarthy, voiced in Tel Aviv dissatisfaction with US President Joe Biden for failing to invite Prime Minister Benjamin Netanyahu to the White House. The Speaker said if Biden does not invite Netanyahu to Washington soon, he'll invite "the prime minister to come to meet with…

Asharq Al-Awsat

Netanyahu: Preventing Iran's Nuclear Armament Remains Israel's Top Priority

The need to block Iran's nuclear armament will continue to be Israel's top priority, announced Prime Minister Benjamin Netanyahu. Netanyahu spoke at the Knesset plenum attended by US House Speaker Kevin McCarthy. He noted that the first and most urgent challenge was the joint effort of Israel and the US…

Al Jazeera

US Treasury says government may default on debt as early as June

A letter from US Treasury Secretary Janet Yellen warns of potential ‘harm to business and consumer confidence’.

The Independent UK

Biden invites House and Senate leaders to White House as debt limit crisis looms

Mr Biden will meet with top House and Senate leaders on 9 May

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news in one place.

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Roll Call

New debt limit forecast crashes into Capitol Hill - Roll Call

The federal government's debt managers warned Congress on Monday that lawmakers may have even less time to raise the borrowing limit.

The Independent UK

Plenty of attacks on the debt cap, but no signs of settling

President Joe Biden and House Speaker Kevin McCarthy are finding it’s easy to publicly shame each other over the debt limit

The Independent UK

US Speaker McCarthy: Russia must pull out of Ukraine

Speaker Kevin McCarthy says Russia should “pull out” of Ukraine

Reuters

Biden should invite Israeli PM to White House, McCarthy says

The U.S. should invite Israeli Prime Minister Benjamin Netanyahu to the White House for an official visit, U.S. House of Representatives Speaker Kevin McCarthy said on Monday, as a customary invitation has not been extended in the five months since Netanyahu's election.

The Guardian - AU

Russia-Ukraine war at a glance: what we know on day 432 of the invasion

Russian missiles have struck warehouses reportedly storing ammunition at a railway depot in the Ukrainian city of Pavlohrad injuring at least 34 people; Ukraine claims to have shot down 15 of 18 missiles fired overnight

The Guardian - US

Biden says banking system is ‘safe and sound’ despite First Republic collapse – as it happened

President praises takeover by JP Morgan after California bank fails

Asharq Al-Awsat

Fraught US-Israel Ties on Display as Knesset Reconvenes

Israeli lawmakers reconvene Monday after a month-long parliament recess, resuming the fight over a contentious government plan to overhaul the judiciary that has split Israelis and drawn concern from Israel's most important ally, the United States. The tensions will be on full display when the highest-ranking Republican politician in the…

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