Democrats look set to back 11th hour debt ceiling deal – while GOP right-wingers threaten to blow it up
House Speaker Hakeem Jeffries sounded confident that Congress would vote to avert a default on the US’s obligations on Sunday, hours after news broke that the White House had reached a deal with Republican leadership to raise the debt ceiling. The “agreement in principle” was announced Saturday evening after much of the House of Representatives and Senate had left for the Memorial Day weekend. A handful remained in Washington to continue negotiations ahead of the deadline; the US Treasure Department estimates that the federal government’s ability to pay its debts will be in question come 1 June — this Thursday. Mr Jeffries spoke on CBS’s Face the Nation on Sunday. While he cautioned that he had not seen the actual text of the bill, which is reportedly set to cap funding for the US government (except for the military) through 2024, he offered a simple “yes” when asked directly if he could guarantee that the US would avert default. It’s a statement that will likely mean a sigh of relief for those Americans worried about the effects that a credit downgrade would have on the US economy, though that remains a possibility thanks to the toxic partisanship that brought the US to this point in the first place, but also one that may frustrate progressives and other Democrats who may see the development as Democrats giving in to the GOP’s demands. The deal does stave off further debt ceiling negotiations until 2025, but many on the left simply wish to do away with the limit altogether. And there’s already signs that many on the conservative right do not like the deal, with some even calling any legislation that raises the debt limit a non-starter. Their opposition within the GOP’s slim House majority necessitates votes from Democrats to pass this deal or any other. More follows...
2023-05-28 23:56
'It's too late': Keanu Reeves gave up on having children after tragedies while Robert De Niro welcomed 7th baby at 79
Keanu Reeves has had an astounding career, but away from the cameras, he has suffered a succession of personal tragedies
2023-05-22 18:21
Georgia prosecutors predict four-month trial and 150 witnesses for Trump’s election interference case
Georgia prosecutors estimate a four-month trial with more than 150 witnesses for the 19 defendants in a sweeping racketeering indictment targeting an alleged criminal enterprise to overturn the results of the 2020 presidential election in the state. Prosecutors offered an early glimpse of the courtroom arguments against Donald Trump and 18 of his co-defendants during the first-ever televised hearing connected to the case on 6 September. Fulton County prosecutors shot down arguments from attorneys for Kenneth Chesebro and Sidney Powell, who have sought to be tried separately from the 16 others wrapped up in the indictment, which charges the defendants under the state’s Racketeer Influenced and Corrupt Organizations, or RICO statute, alleging 40 separate crimes and 161 different acts connected to an alleged criminal conspiracy to unlawfully reject election results. That four-month timeline does not include jury selection, prosecutors said. Attorneys for Mr Chesebro, among the chief architects of an allegedly fraudulent scheme to enlist Trump loyalists as presidential electors for the state won by Joe Biden, and Ms Powell, who is accused of leading an effort to unlawfully breach voting machines, have alleged that the allegations against them have nothing to do with dozens of other acts involved in the case. By comparison, in 2014, Ms Willis served as the chief prosecutor in a similarly sweeping RICO case targeting corruption within the Atlanta Public Schools system. Eleven of the 12 defendants were convicted in April 2015, roughly seven months after the beginning of the trial. One of the defendants died before the end of the trial. In arguments before Superior Court Judge Scott McAfee on Wednesday, attorneys for Mr Chesebro and Ms Powell argued that their clients would be wrapped up in hours, days or weeks of testimony and evidence presentation that would unfairly wrap them up with crimes they had nothing to do with. But Fulton County prosecutor Will Wooten argued that their involvement in those incidents showed that the criminal enterprise “existed, and “that the enterprise was working.” This is a developing story Read More Trump hearing underway in Georgia election case as lawsuit seeks to bar him from 2024 race - live
2023-09-07 02:18
Argentina Dollarization Is Medium-Term Goal, Caputo Tells Bankers
The government of Javier Milei won’t lift currency controls immediately after taking office on Dec. 10, while keeping
2023-11-25 06:51
DeChambeau: 'Not as much tension' at US Open after PGA Tour-LIV partnership
Bryson DeChambeau believes he can feel an easing of the tension that’s been sitting on most of the world’s top golfers for the last two years
2023-06-16 07:26
What is expected cost of damage in Maui wildfires? Experts share estimate as death toll climbs to 93
The death toll has risen to a staggering 93 casualties, underscoring the magnitude of the disaster that has befallen this tranquil paradise
2023-08-13 19:20
White House slammed for 'doxxing' Special Forces operatives in calamitous pic release
The post made by the White House showed agents’ faces, which are usually blurred in official photographs in order to protect their identity
2023-10-20 14:18
Southeast Asian nations renew alarm over Myanmar violence. But diplomats can't settle on a solution
Southeast Asian foreign ministers have renewed their alarm over and condemnation of the deadly air strikes and artillery shelling in Myanmar
2023-07-14 16:49
Miami mayor says city braced for protests ahead of Trump court appearance amid far-right threats
Miami mayor Francis Suarez says his city is braced for right-wing protests with Donald Trump set to make his first appearance there on secret document criminal charges. Mr Suarez told reporters on Monday that people had the right to protest in Miami but that law enforcement was ready to deal with any violence. “People should have the right to express themselves, but we also believe in law and order, and we know that — we hope that tomorrow will be peaceful,” said Mr Suarez.
2023-06-13 02:52
The UK Pushes People to Accept Pylons as It Upgrades Grids
The British government will start a campaign to make people warm up to the idea of new transmission
2023-11-23 00:58
What does 'green person', 'pink person', and 'blue person' mean on TikTok? Find out colors of your special people
The viral TikTok color trend categorizes special people in your life into colors by analyzing the traits of your relationship with them
2023-06-04 15:20
Invasive firestarter: How non-native grasses turned Hawaii into a tinderbox
After a catastrophic wildfire that killed more than 100 people in Hawaii, eyes have turned toward an unexpected culprit: invasive grass species that have spread massively over the archipelago for...
2023-08-18 09:54
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