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Sunday, 28 May 2023

6 pillars of the debt ceiling deal

The debt ceiling deal that President Joe Biden and House Speaker Kevin McCarthy struck late Saturday is a true meet-you-halfway compromise between the stark ultimatums the leaders have issued for months. A far cry from the “clean” increase Biden had sought for the nation’s $31.4 trillion borrowing cap, the bipartisan agreement is also much less punchy than the sweeping package...

McCarthy and Biden reach agreement in principle on debt limit

White House and congressional GOP negotiators have reached an agreement in principle to avert a debt default, according to two people familiar with the deal. Now they have to get it to President Joe Biden’s desk in time. Hill leaders will now race to draft and pass the deal as quickly as possible — through both the House and Senate — ahead of the June 5 deadline. McCarthy...

Trump slams Texas 'RINOS' over Paxton impeachment effort

Former President Donald Trump on Saturday gave his full backing to Ken Paxton as the Texas attorney general faced historic impeachment proceedings led by state Republicans. Trump took to Truth Social to praise the embattled attorney general and condemn both “Radical Left Democrats” and “RINOS” alike. “I love Texas, won it twice in landslides, and watched as many other friends,...

Saturday, 27 May 2023

EU markets chief says Twitter 'can't hide' after platform ditches disinformation code

Fighting disinformation online will be a "legal obligation" under new rules coming into force in August, EU commissioner says. from Politics, Policy, Political News Top Stories https://ift.tt/t8KiRrW via IFT...

New sanctions against Russia stuck in limbo over Greek-Hungarian protest

Odd couple is holding back deal on new sanctions against Russia. from Politics, Policy, Political News Top Stories https://ift.tt/SuwUByz via IFT...

White House hits Republicans over work requirements in debt talks

The White House pushed back aggressively late Friday on the GOP effort to add new work requirements to social safety net programs as part of the debt deal, signaling a deepening divide between the two camps on the issue even as outlines of other parts of a potential spending agreement emerged. “House Republicans are threatening to trigger an unprecedented recession and cost...

5 things we know about Ron DeSantis' campaign, post Twitter fiasco

Ron DeSantis bounced back from his glitchy launch event with a hefty fundraising haul and a flood of media appearances. The Florida governor’s first 36 hours in the race revealed a lot about what kind of candidate he’s trying to be — more conservative than Donald Trump but cautious of offending the former president’s most die-hard supporters. Here are five takeaways from...