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Biden says he’s offered $1 trillion in spending cuts but GOP won’t budge on debt limit

BY: - May 21, 2023

WASHINGTON — President Joe Biden said Sunday his administration has offered $1 trillion in spending cuts as part of the ongoing talks with Republicans around a budget agreement, but he said no deal has yet been reached.  Biden, speaking from Japan during a press conference following the G7 summit, said his administration wants House Speaker […]

Some movement reported in debt limit talks as Biden cuts short overseas trip

BY: and - May 17, 2023

WASHINGTON — President Joe Biden and congressional leaders struggled to find common ground on the debt ceiling during a Tuesday meeting, though lawmakers said afterward there was some progress toward a deal. Biden and U.S. House Speaker Kevin McCarthy will become the two primary negotiators on a bipartisan debt limit bill that could include other […]