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Month: May 2023

What’s next on the debt ceiling: Selling the plan, and making a deal into a law

By MARY CLARE JALONICK and KEVIN FREKING Associated Press WASHINGTON (AP) — After weeks of negotiations, President Joe Biden and House Speaker Kevin McCarthy have announced an “ agreement in principle ” to raise the nation’s debt ceiling and avoid a potentially catastrophic default. The agreement includes spending cuts demanded by Republicans, but it is

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Why Texas Attorney General Ken Paxton’s impeachment fight isn’t finished yet

By JIM VERTUNO and JAKE BLEIBERG Associated Press AUSTIN, Texas (AP) — The Texas Legislature already made one historic move with its impeachment of Republican state Attorney General Ken Paxton. Another one is coming. The GOP-led House of Representatives on Saturday approved 20 articles of impeachment on sweeping allegations of wrongdoing that have trailed the

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Biden and McCarthy race to sell their debt ceiling deal to lawmakers before the government runs out of money

By Kevin Liptak, CNN Wilmington, Delaware (CNN) — The White House and Republican leaders in Congress were mounting an intensive push Sunday to consolidate support around a tentative agreement to raise the nation’s borrowing limit, their urgent task made complicated by members of both parties voicing concerns over different provisions. President Joe Biden heralded the

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Debt-ceiling deal: What’s in and what’s out of the agreement to avert US default

By KEVIN FREKING Associated Press WASHINGTON (AP) — President Joe Biden and House Speaker Kevin McCarthy have reached an agreement in principle on legislation to increase the nation’s borrowing authority and avoid a default. Negotiators are now racing to finalize the bill’s text. McCarthy said the House will vote on the legislation on Wednesday, giving

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Biden and McCarthy race to sell their debt ceiling deal to lawmakers before the government runs out of money

CNN By Kevin Liptak, CNN Wilmington, Delaware (CNN) — The White House and Republican leaders in Congress were mounting an intensive push Sunday to consolidate support around a tentative agreement to raise the nation’s borrowing limit, their urgent task made complicated by members of both parties voicing concerns over different provisions. President Joe Biden heralded

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