“For no real reason at all, hungry people are set to lose food while tax cheats get a free pass.” Progressive economists and advocates warned that the tentative debt ceiling agreement reached Saturday by the White House and Republican leaders would needlessly gash nutrition aid, rental assistance, education programs, and more—all while making it easier for the […]
WASHINGTON — U.S. President Joe Biden and House Speaker Kevin McCarthy reached an agreement Sunday for a deal to increase the government’s borrowing limit and are urging Congress to approve the legislation to avoid a first-ever default. However, progressive Democratic lawmakers from the party’s ideological left and right-wing Republicans immediately voiced opposition Sunday to the deal […]
[content id=”79272″] One progressive critic said the GOP bill is “a reflection of just how totally controlled by the fringes of his caucus McCarthy is.” Far-right House Republicans are reportedly “thrilled” with the debt ceiling legislation that Speaker Kevin McCarthy unveiled earlier this week. That’s likely because, according to Rep. Matt Gaetz (R-Fla.), McCarthy (R-Calif.) simply “picked […]
WASHINGTON — The U.S. Senate voted 50-48 Thursday night to pass an agreement to extend the government’s borrowing authority through early December to avert what could have been the country’s first-ever default on its debts. Senate Majority Leader Chuck Schumer announced the pact on the Senate floor after negotiations with Republican leader Mitch McConnell. He proposed […]