mccarthy

In a historic turn of events, members of the House of Representatives took a groundbreaking vote to remove Speaker Kevin McCarthy from his leadership position. The move came in the wake of McCarthy’s failure to quell a rebellion within the conservative wing of the Republican Party. The motion...

As the clock ticks toward an Oct. 1 deadline to avoid a shutdown, the U.S. government is grappling with political brinkmanship that threatens to disrupt federal funding. Senate negotiators from both sides of the aisle are inching closer to a short-term spending agreement aimed at averting a...

President Joe Biden and House Speaker Kevin McCarthy struck a preliminary agreement on the debt ceiling over the weekend, dubbed the "Fiscal Responsibility Act," which suspends the debt limit until 2025 and limits discretionary spending for the next two years. Negotiating teams...

President Joe Biden and House Speaker Kevin McCarthy reached the final agreement in principle on Sunday on a deal to raise the country's debt ceiling.  "The agreement prevents the worst possible crisis, a default, for the first time in our nation's history...

House Speaker Kevin McCarthy said on Thursday that debt ceiling negotiators "made some progress," but open issues remain. "I don’t think everybody is going to be happy at the end of the day. That’s not how this system works," he added. McCarthy's...

"Negotiators are still far apart" but a deal by the end of the week is "feasible," House Speaker Kevin McCarthy (R-CA) said following a debt ceiling summit with President Joe Biden and other key lawmakers on Tuesday. "We've set the stage for further...