The speaker made a last-minute reversal to avert a government shutdown. It could cost him his job. Anna Moneymaker / Getty September 30, 2023, 5:52 PM ET Updated at 9:02 p.m. ET on September 30, 2023 Legislative Speaker Kevin McCarthy faced a difficult decision in recent weeks as he negotiated spending bills with hard-line members …
The ongoing debt-ceiling crisis appears strikingly similar to the 2011 clash between congressional Republicans and former President Barack Obama. Once again, the GOP majority in the House is using the threat of a national default to pressure a first-term Democratic president to agree to spending cuts in exchange for raising the federal borrowing limit. A …
For a moment, it seemed like the U.S. could finally have a functional child-care system, but the Build Back Better Act, which included $400 billion in funding to boost wages for child-care providers and cap costs for families, was ultimately killed by Senate Democrats and Republicans. The American child-care system remains trapped by a paradox …
Following House Speaker Kevin McCarthy’s announcement of a debt-ceiling deal with President Joe Biden, Republican leaders circulated a fact sheet praising McCarthy’s victories. The deal, known as the Fiscal Responsibility Act, includes spending cuts but also exempts critical veterans programs, national defense priorities, Social Security, and Medicare. Critics argue that the bill does not actually …