Page 80 - Progressive Caucus News Today

Kevin Dietsch/Getty Images(WASHINGTON) -- Seeking to strike a reassuring tone despite days of negotiations, President Joe Biden said Thursday afternoon that hes had several "productive conversations" with House Speaker Kevin McCarthy and their teams are "making progress" on debt ceiling talks as the country inches closer to default. "Ive made it clear time and again: Defaulting on our national debt is not an option," Biden said as he delivered remarks in the Rose Ga...

Kevin Dietsch/Getty Images(WASHINGTON) -- Seeking to strike a reassuring tone despite days of negotiations, President Joe Biden said Thursday afternoon that hes had several "productive conversations" with House Speaker Kevin McCarthy and their teams are "making progress" on debt ceiling talks as the country inches closer to default. "Ive made it clear time and again: Defaulting on our national debt is not an option," Biden said as he delivered remarks in the Rose Ga...

Both President Biden and House Speaker McCarthy are speaking hopefully of the likelihood of an agreement to raise the government's debt limit.

“What Republicans are doing right now is playing stupid games, they are not negotiating,” said Omar, who is deputy chair of the Progressive Caucus. “The default that they are threatening is a horror show.”

Top GOP negotiator Garret Graves said hell no when asked Friday if Republicans could possibly give in on their demands for stricter work requirements for welfare in a debt ceiling deal.

New York City's banking commission voted Thursday to freeze new deposits at Capital One Bank and KeyBank.

President Biden said he's had "productive conversations" with House Speaker Kevin McCarthy and their teams are "making progress" on debt ceiling talks

House lawmakers are leaving Washington for the long holiday weekend Thursday afternoon — just one week before the Treasury Department says the U.S. is at risk of a debt default — without a deal to raise the debt ceiling. Negotiators say they’re getting closer to striking a deal to avert a default next week, but an […]

(WASHINGTON) -- With just seven days until potential default, House members are heading home for Memorial Day recess -- without a debt ceiling deal in sight. "Every hour matters," House Speaker Kevin McCarthy told ABC News Senior Congressional Correspondent Rachel Scott on Thursday. "That's why the White House has to become very serious about this."

(WASHINGTON) -- Seeking to strike a reassuring tone despite days of negotiations, President Joe Biden said Thursday afternoon that he's had several "productive conversations" with House Speaker Kevin McCarthy and their teams are "making progress" on debt ceiling talks as the country inches closer to default. "I've made it clear time and again: Defaulting on