J3N Provides the Latest and Most Up-to-Date News, You Can Stay Informed and Connected to the World.
⎯ 《 Just 3 N : New News Now 》
Biden says debt deal 'very close' even as two sides far apart on work requirements
Biden says debt deal 'very close' even as two sides far apart on work requirements
Work requirements for federal food aid recipients have emerged as a final sticking point in negotiations over the looming debt crisis, even as President Joe Biden said Friday that a deal is “very close.” Biden’s optimism came as the deadline for a potentially catastrophic default was pushed back to June 5 and seemed likely to drag negotiations between the White House and Republicans over raising the debt ceiling into another frustrating week. Both sides have suggested one of the main holdups is a GOP effort to boost work requirements for recipients of food stamps and other federal aid programs, a longtime Republican goal Democrats have strenuously opposed. Even as they came closer to a framework on spending, each side seemed dug in on the work requirements. White House spokesman Andrew Bates called the GOP proposals “cruel and senseless” and said Biden and Democrats would stand against them. Louisiana Rep. Garret Graves, one of House Speaker Kevin McCarthy’s negotiators, was blunt when asked if Republicans might relent on the issue: "Hell no, not a chance,” he said. The later “ X-date,” laid out in a letter from Treasury Secretary Janet Yellen, set the risk of a devastating default four days beyond an earlier estimate. Still, Americans and the world uneasily watched the negotiating brinkmanship that could throw the U.S. economy into chaos and sap world confidence in the nation’s leadership. Yet Biden was upbeat as he left for the Memorial Day weekend at Camp David, declaring, “It’s very close, and I’m optimistic.” With Republicans at the Capitol talking with Biden’s team at the White House, the president said: “There’s a negotiation going on. I’m hopeful we’ll know by tonight whether we’re going to be able to have a deal.” But a deal had not come together when McCarthy left the Capitol Friday evening. In a blunt warning, Yellen said failure to act by the new date would “cause severe hardship to American families, harm our global leadership position and raise questions about our ability to defend our national security interests.” Anxious retirees and others were already making contingency plans for missed checks, with the next Social Security payments due next week. Biden and Republican McCarthy have seemed to be narrowing on a two-year budget-slashing deal that would also extend the debt limit into 2025 past the next presidential election. But talks over the proposed work requirements for recipients of Medicaid, food stamps and other aid programs seemed at a standstill Friday afternoon. Biden has said the Medicaid work requirements would be a nonstarter. But he initially seemed open to possible changes on food stamps, now known as the Supplemental Nutrition Assistance Program, or SNAP. The Republican proposal would save $11 billion over 10 years by raising the maximum age for existing standards that require able-bodied adults who do not live with dependents to work or attend training programs. While current law applies those standards to recipients under the age of 50, the House bill would raise the age to include adults 55 and under. The GOP proposal would also decrease the number of exemptions that states can grant to some recipients subject to those requirements. Biden's position on the SNAP work requirements appeared to have hardened by Friday, when spokesman Bates said House Republicans are threatening to trigger an unprecedented recession “unless they can take food out of the mouths of hungry Americans.” Any deal would need to be a political compromise, with support from both Democrats and Republicans to pass the divided Congress. Failure to lift the borrowing limit, now $31 trillion, to pay the nation’s incurred bills, would send shockwaves through the U.S. and global economy. But many of the hard-right Trump-aligned Republicans in Congress have long been skeptical of Treasury’s projections, and they are pressing McCarthy to hold out. As talks pushed into another late night, one of the negotiators, Rep. Patrick McHenry, R-N.C., called Biden’s comments “a hopeful sign.” But he also cautioned that there’s still “sticky points” impeding a final agreement. While the contours of the deal have been taking shape to cut spending for 2024 and impose a 1% cap on spending growth for 2025, the two sides remain stuck on various provisions. House Republicans had pushed the issue to the brink, displaying risky political bravado in leaving town for the Memorial Day holiday. Lawmakers are tentatively not expected back at work until Tuesday, but now their return is uncertain. Weeks of negotiations between Republicans and the White House have failed to produce a deal — in part because the Biden administration resisted negotiating with McCarthy over the debt limit, arguing that the country’s full faith and credit should not be used as leverage to extract other partisan priorities. “We have to spend less than we spent last year. That is the starting point,” said McCarthy. One idea is to set the topline budget numbers but then add a “snap-back” provision to enforce cuts if Congress is unable during its annual appropriations process to meet the new goals. Lawmakers are all but certain to claw back some $30 billion in unspent COVID-19 funds now that the pandemic emergency has officially been lifted. McCarthy has promised lawmakers he will abide by the rule to post any bill for 72 hours before voting. The Democratic-held Senate has vowed to move quickly to send the package to Biden’s desk. ___ Associated Press writers Mary Clare Jalonick, Stephen Groves, Farnoush Amiri, Seung Min Kim and Kevin Freking and videojournalist Rick Gentilo contributed to this report. Read More Ukraine war’s heaviest fight rages in east - follow live Charity boss speaks out over ‘traumatic’ encounter with royal aide Lauren Boebert claims Biden plan to combat antisemitism will target ‘conservatives’ Defense secretary tells Navy graduates they are ready to serve Doctor's supporters, hospital at odds with Indiana penalty for talking about 10-year-old's abortion
2023-05-27 12:28
Man who killed 1 Fargo officer, hurt 2, was interviewed about guns in 2021 after tip, FBI says
Man who killed 1 Fargo officer, hurt 2, was interviewed about guns in 2021 after tip, FBI says
The heavily armed man who killed one Fargo police officer and wounded two as they were investigating a traffic stop had been interviewed about his guns in 2021 after the FBI received a tip
2023-07-28 07:26
French Open hopes AI can help tennis players block death threats, other social media hate
French Open hopes AI can help tennis players block death threats, other social media hate
The group that runs the French Open tennis tournament has hired an artificial intelligence company to monitor players' social media accounts in a bid to try to protect athletes from cyberbullying
2023-06-01 18:19
Erdogan Eyes Steps on Black Sea Grain from Putin Ahead of G-20
Erdogan Eyes Steps on Black Sea Grain from Putin Ahead of G-20
Turkish President Recep Tayyip Erdogan will seek to persuade Vladimir Putin on Monday to revive a UN-backed Black
2023-09-04 15:49
Hamas calls on Palestinians to confront Israeli victory parade in Jerusalem
Hamas calls on Palestinians to confront Israeli victory parade in Jerusalem
Gaza's ruling Hamas militant group is calling on Palestinians to confront a flag-waving parade planned by Jewish nationalists through the main Palestinian thoroughfare in Jerusalem’s Old City
2023-05-18 02:22
Trip to Israel ties Biden and US to any Gaza offensive
Trip to Israel ties Biden and US to any Gaza offensive
By Trevor Hunnicutt WASHINGTON He came to bolster Israel's fight against Hamas and to offer aid to Palestinians
2023-10-19 20:20
Andrew Tate: Self-proclaimed misogynist influencer defines real man in tweet, trolls say ‘can't wait for God to send you to prison’
Andrew Tate: Self-proclaimed misogynist influencer defines real man in tweet, trolls say ‘can't wait for God to send you to prison’
Andrew Tate has asserted that the man who can buy his woman all the expensive things and is super rich is a real man
2023-07-23 13:26
Mexico prosecutors withdraw case against woman sentenced to prison for killing man raping her
Mexico prosecutors withdraw case against woman sentenced to prison for killing man raping her
Mexican prosecutors say they are dropping a case against a woman who was sentenced to six years in prison for killing a man as he raped and attacked her
2023-05-21 12:52
China Cuts Stock Trade Tax, Tightens IPOs to Boost Market
China Cuts Stock Trade Tax, Tightens IPOs to Boost Market
China lowered the stamp duty on stock trades for the first time since 2008 and pledged to slow
2023-08-28 08:29
Live updates | Palestinians in parts of southern Gaza receive notices to evacuate
Live updates | Palestinians in parts of southern Gaza receive notices to evacuate
Palestinians in parts of southern Gaza say they received evacuation notices
2023-11-16 17:25
Adtran’s Oscilloquartz optical cesium clock outperforms in tests at leading European metrology institute
Adtran’s Oscilloquartz optical cesium clock outperforms in tests at leading European metrology institute
HUNTSVILLE, Ala.--(BUSINESS WIRE)--Sep 5, 2023--
2023-09-05 20:23
What is expected cost of damage in Maui wildfires? Experts share estimate as death toll climbs to 93
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