House Speaker Kevin McCarthy is proposing a bipartisan commission to outline future budget cuts in hopes of mollifying hardline conservatives opposed to his debt limit deal.
and Mr. Biden have further agreed to streamline the federal permitting process for new energy projects. The deal includes a pay-as-you-go provision requiring Mr. Biden to offset any rules or regulations that increase federal spending.
The agreement would expand work requirements for recipients of food stamps and direct cash payments. Able-bodied, childless recipients of each program 54 and younger would have to work at least 20 hours per week to keep their benefits. The work requirements would expire in 2030.The agreement represents a compromise for Mr.
and Mr. Biden. House Republicans initially sought a $130 billion cut to nondefense spending this year and a decade’s worth of spending caps.had sought to cancel Mr. Biden’s student loan forgiveness program and rescind more than $200 billion in green energy tax credits that Democrats passed last year. Both demands were sidelined amid opposition from the White House.
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Republicans threaten Kevin McCarthy's power'Kevin McCarthy is emasculating himself and the Republican majority,' one House member said Tuesday.
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Fight over national debt limit moves to Congress, as deadline loomsPresident Biden and House Speaker Kevin McCarthy are expressing optimism that their debt limit compromise deal, will be able to pass the House and Senate by the deadline June 5th.
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McCarthy faces key test ahead of House vote on debt limit deal | CNN PoliticsHouse Speaker Kevin McCarthy helped secure a debt limit deal – now he has to secure its passage in the House, with little room for error.
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Nancy Mace says Biden ‘outsmarted’ GOP on debt limitConservative hard-liners are not the only House Republicans upset with House Speaker Kevin McCarthy’s deal with President Biden to raise the debt limit until after the 2024 election.
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Debt limit deal clears key hurdle ahead of final House vote | CNN PoliticsHouse Speaker Kevin McCarthy helped secure a debt limit deal – now he has to secure its passage in the House, with little room for error and a looming threat to his speakership.
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Right-Wing Lawmaker Pushes To Remove McCarthy As Speaker Over Debt Ceiling DealRep. Dan Bishop (R-N.C.) became the first conservative to threaten a long-shot move to oust House Speaker Kevin McCarthy (R-Calif.) from his leadership post on Tuesday.
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