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Obama agreed to $2.1 trillion in spending cuts to end 2011 debt ceiling crisis. Here’s what happened next.

By Tami Luhby, CNN (CNN) — The nation is days away from defaulting on its obligations. The Republican House speaker, pushed by conservatives in his party, demands deep spending cuts. The president, a Democrat, works on negotiating a package to avert a fiscal calamity. No, it’s not 2023. It’s 2011, when then-President Barack Obama agreed

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How every senator voted on the debt ceiling bill

CNN By Sydney Kashiwagi, CNN (CNN) — The Senate voted late Thursday on a bill to suspend the country’s debt limit through January 1, 2025 following weeks of contentious negotiations on the legislative deal between the White House and Republicans. The bill is now on its way to President Joe Biden for approval, and once

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Republican tries to scuttle debt limit bill in House Rules Committee as pressure grows on key swing vote

By Manu Raju, CNN Chief Congressional Correspondent (CNN) — Rep. Chip Roy accused House Speaker Kevin McCarthy on Monday of cutting a deal that could complicate negotiators’ efforts to pass a bill to raise the US debt ceiling this week. But McCarthy’s allies quickly refuted the Texas Republican, underscoring the tension ahead of a key

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Texas Republicans pass bills targeting elections administration in Houston-area county

By Shania Shelton (CNN) — Texas Republicans have approved a pair of bills targeting the elections process in Harris County, the state’s largest and home to Houston, with voting rights activists accusing the GOP of plotting a “power grab” in an increasingly Democratic county. The measures, which passed the Republican-controlled state House and Senate, now

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Top House progressive says Democratic leaders should be concerned about debt deal support

By Jack Forrest and Sam Fossum, CNN Washington (CNN) — Washington Rep. Pramila Jayapal, the chair of the Congressional Progressive Caucus, said Sunday that White House negotiators and Democratic leaders should be concerned about progressive support for the tentative deal to raise the debt ceiling for two years “Yes, they have to worry,” Jayapal told

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Here’s what’s in the debt ceiling deal

CNN By Tami Luhby, CNN (CNN) — After several weeks of tense negotiations, President Joe Biden and House Republicans have reached an agreement in principle to address the debt limit and cap spending. The drama is by no means over. Congressional leaders in both parties have to convince enough of their members to vote for

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Here’s what’s in the debt ceiling deal

CNN By Tami Luhby, CNN (CNN) — After several weeks of tense negotiations, President Joe Biden and House Republicans have reached an agreement in principle to address the debt limit and cap spending. The drama is by no means over. Congressional leaders in both parties have to convince enough of their members to vote for

Continue Reading

Here’s what’s in the debt ceiling deal

CNN By Tami Luhby, CNN (CNN) — After several weeks of tense negotiations, President Joe Biden and House Republicans have reached an agreement in principle to raise the debt ceiling and cap spending. The drama is by no means over. Congressional leaders in both parties have to convince enough of their members to vote for

Continue Reading