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The Latest Breaking News from Mitch McConnell

Takeaways on debt ceiling: McCarthy's balancing act, Biden's choice and the challenges ahead

After weeks of negotiations, President Joe Biden and House Speaker Kevin McCarthy have struck an agreement to avert a potentially devastating government default

The Independent UK

At UK groundbreaking, McConnell says U.S. will not default on its debts

One of the guest speakers at Tuesday's groundbreaking at the University of Kentucky’s Forage-Animal Production Research Unit was a man credited with supporting the project with federal dollars: U.S. Senator Mitch McConnell.

WEKU

Debt limit talks halt as Republicans, White House face 'serious differences'

Debt limit talks between the White House and House Republicans stopped, started and stopped again Friday at the US Capitol, a dizzying series of events in high-stakes negotiations to avoid a potentially catastrophic federal default.

France 24

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Debt ceiling talks briefly resume as US default deadline creeps closer

Janet Yellen, the treasury secretary, has said that without action the US will cease to be able to pay its debts around 1 June

The Guardian - US

Cornyn goes anyone-but-Trump for 2024, and Trump aide slams him as part of ‘Deep State’

WASHINGTON — Texas Sen. John Cornyn has joined the anyone-but-Trump caucus, becoming one of the most prominent Republican leaders to shun the former president’s 2024 comeback bid.

Tribune News Service

Congress And The White House Have Yet To Come An Agreement Prior To A Default

Biden and Congressional aides currently in negotiations while the President is currently attending the G-7 as a recession looms.

Zenger

Kevin McCarthy created this "crisis"

At least Mitch McConnell admits the obvious: There will be no default, and everyone knows it. So WTF is going on?

Salon

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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

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

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

Prospect of Trump nomination threatens to shrink GOP's Senate map

Trump leading the GOP ticket could jeopardize purple-state opportunities in 2024.

Axios

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

The Guardian - US

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.

WEKU

Alabama Republican blasts an effort to rid the military of white nationalists

Sen. Tommy Tuberville is under pressure for holding up military nominees over abortion policy he disagrees with. When asked whether that is hurting military readiness, he faulted President Biden.

WEKU

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Roll Call

At the Races: Admakers (heart) NY - Roll Call

The CQ Roll Call newsroom tracks campaigns nationwide, sharing the best stories, with some extras, in the At the Races newsletter.

Roll Call

Tuberville seeks to clarify remark about white nationalists in military

Asked about white nationalists in the military, Alabama Sen. Tommy Tuberville said, "I call them Americans."

The Independent UK

McConnell opposes Alabama Republican's blockade of military nominees over Pentagon abortion policy

Senate Republican Leader Mitch McConnell says he won’t support a fellow GOP senator’s blockade of military nominees, backing Democrats and Defense Secretary Lloyd Austin who have said that the holdup is harming national security

Salon

Biden considering 14th Amendment on debt

"The problem is, it would have to be litigated," the president said of the strategy

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Roll Call

No debt deal, but Biden, Hill leaders agree to meet again - Roll Call

President Joe Biden and Speaker Kevin McCarthy didn't appear to get any closer to agreement on how to raise the debt ceiling.

Roll Call

Business groups weigh in on debt limit impasse ahead of meeting - Roll Call

Business groups are pressuring the two parties to cut a bipartisan deal to promptly resolve the ongoing debt limit standoff.

The Independent UK

Deal or default? Biden, GOP must decide what's on the table

Before President Joe Biden and congressional leaders can even try to avert an unprecedented U.S. government default, their initial challenge on Tuesday will be to agree on what exactly they’re talking about as they hold their first substantive meeting in months

The Independent UK

Biden and McCarthy set for Oval Office showdown as US edges closer to defaulting on debt

Experts say a failure to raise the debt limit would force the government to default on its debt and precipitate a worldwide financial crisis.

The Independent UK

Debt options abound, but can Biden, McCarthy strike a deal?

The White House and Congress could strike a deal to raise the debt ceiling in exchange for budget cuts

WEKU

Yellen warns of 'calamity' unless Congress raises the debt limit. What's the holdup?

The treasury secretary warns that the U.S. could default on its debt by June 1, with disastrous economic consequences. GOP Rep. Dusty Johnson explains why Republicans insist on adding conditions.

Kiplinger

Debt Ceiling Compromise Likely to Avert a Default: Kiplinger Economic Forecasts

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