Page 100 - Problem Solvers Caucus News Today

Wealth taxes like the one proposed by President Biden have already proven not to work in countries that tried it.

Neither Biden nor McCarthy has much incentive to back down in their debt ceiling talks.

The afternoon after Treasury Secretary Janet Yellen announced the United States is running out of cash to pay its bills, Democrats and Republicans loudly converged on the Senate floor, clapping each others backs and huddling in small groups for animated conversations.

Rep. Jared Golden, among others, has called for Biden to compromise with Republicans by accepting some spending cuts.

And the Fed raised interest rates again yesterday, setting the rate above 5% for the first time since 2007.

Republicans stood behind the GOP-led House bill, rejecting a short-term extension as "kicking the can further down the road."

Members of the California Legislature took nearly $1 million worth of trips sponsored by interest groups in 2022. Some led to legislation.

New York Democratic Rep. Alexandria Ocasio-Cortez and Florida Republican Rep. Matt Gaetz have joined forces to introduce a bill banning lawmakers, their spouses, or dependents from trading stocks....

Signs of stress are building as the deadline for lawmakers to act on the debt ceiling approaches, and negotiations are strained.

And the Senate Banking Committee will bring in the former CEOs of Silicon Valley Bank and Signature Bank for a hearing on May 16.