Toppikr
  • World
    • Africa
    • Americas
    • Asia
    • Europe
    • Middle East
    • U.S.
  • Politics
  • Economy
  • Business
  • Technology
  • Science
  • Entertainment
  • Sports
  • Health

Subscribe for Updates

Get the latest creative news from TOPPIKR about world, politics and business.

What's Hot

Nigeria: US convoy attacked in Anambra, killing four

29/05/2023

Liz Carmouche Is Dominant Again! – Winners Only Club

29/05/2023

Is my immune system healthy? What to know about testing, boosting it.

29/05/2023
Facebook Twitter Instagram Pinterest
Facebook Twitter Instagram Pinterest RSS
Toppikr
Subscribe
  • World
    1. Africa
    2. Americas
    3. Asia
    4. Europe
    5. Middle East
    6. U.S.
    7. View All

    Nigeria: US convoy attacked in Anambra, killing four

    29/05/2023

    Hilda Bassey, Nigerian chef, cooks for 100 hours in world record attempt

    29/05/2023

    Malawi: Toddler dead, 23 others missing as hippo capsizes boat in Nsanje district

    29/05/2023

    Almost 250,000 flee floods in Somali city that ‘became like an ocean’

    29/05/2023

    Jamie Cail death: Investigators “anxiously awaiting” autopsy and toxicology reports for former US swimmer who died in the US Virgin Islands

    01/03/2023

    Mexico election reform bill: AMLO accuses protesters of narco links

    01/03/2023

    Jamie Cail, former American swimming champion, dies in US Virgin Islands

    01/03/2023

    Peru: Mummy found in man’s food delivery bag in Peru

    01/03/2023

    Japan threatens to destory any North Korean

    29/05/2023

    Giant panda Ya Ya becomes internet sensation in China after returning from the US

    29/05/2023

    Influencer dies after live-streaming himself drinking bottles of Chinese spirit Baijiu

    27/05/2023

    Philip Mehrtens: Papua rebels threaten to shoot New Zealand hostage

    27/05/2023

    Four dead after tourist boat capsizes in Italy’s Lake Maggiore

    29/05/2023

    Belarusian President Alexander Lukashenko offers nuclear weapons to nations willing ‘to join the Union State of Russia and Belarus’

    29/05/2023

    May 28, 2023 Russia-Ukraine news

    28/05/2023

    Venice authorities investigate after canal turns fluorescent green

    28/05/2023

    Just what is phygital art, and why is Dubai going big on it?

    29/05/2023

    Settler attacks on Palestinians in West Bank leave man in critical condition and draw US condemnation

    27/05/2023

    Turkey is heading for a run-off presidential vote. Here’s all you need to know

    27/05/2023

    UN chief ‘shocked’ by letter from Sudan’s military ruler asking to replace UN’s special envoy in Sudan

    27/05/2023

    Tennessee Air National Guardsman applied to be a hitman online, the FBI says. It was a spoof website and now he’s facing charges

    19/04/2023

    Family of victim and survivors of Indianapolis FedEx mass shooting file lawsuit against gun magazine manufacturer and distributors

    19/04/2023

    Fulton County, Georgia, jail leadership resigns after inmate’s death and accusations of unsanitary conditions

    19/04/2023

    Anti-abortion doctors urge Supreme Court to keep mifepristone restrictions in place

    19/04/2023

    Nigeria: US convoy attacked in Anambra, killing four

    29/05/2023

    Four dead after tourist boat capsizes in Italy’s Lake Maggiore

    29/05/2023

    Just what is phygital art, and why is Dubai going big on it?

    29/05/2023

    Turkey’s lira sinks to fresh record low after Erdogan re-election

    29/05/2023
  • Politics

    Spain’s conservative PP elbows Socialists out in regional elections

    29/05/2023

    Chris Sununu says he will decide on 2024 Republican presidential bid ‘in the next week or two’

    28/05/2023

    Biden, GOP reach tentative deal to avoid default

    28/05/2023

    Sen. Cruz defends Texas AG Paxton amid impeachment efforts from ‘swamp in Austin’

    27/05/2023

    JPMorgan CEO Jamie Dimon deposed in Jeffrey Epstein suit

    27/05/2023
  • Economy

    Worried about a layoff? 5 smart money tips

    29/05/2023

    Dave Burt, a ‘Big Short’ investor, fears flood risk is fueling a housing price bubble

    29/05/2023

    2023 LIV Golf Washington DC prize money payouts for each player, team

    29/05/2023

    Debt Deal Adds Brake on US Economy Already at Risk of Recession

    28/05/2023

    Indy 500 purse: How much prize money does winner receive on Sunday?

    28/05/2023
  • Business

    Commercial real estate firms join to recruit Black student-athletes

    28/05/2023

    Monetary policy is pre-emptive, not premature

    28/05/2023

    Chamber holds small business luncheon – Shelby County Reporter

    26/05/2023

    Gap GPS Q1 earnings report 2023

    26/05/2023

    Hextar Industries berhad records revenue of RM269 million, pre-tax profit of RM28.2 million

    25/05/2023
  • Technology

    Why Gen Zers are gobbling up flip phones and rejecting smartphones

    29/05/2023

    Global demand for streaming Asian movies, TV grows

    28/05/2023

    AI education: Gather a better understanding of artificial intelligence with books, blogs, courses and more

    28/05/2023

    Microsoft keyboard users ‘so devastated’ as accessories discontinued

    27/05/2023

    Scientists use AI to find drug that kills bacteria responsible for many drug-resistant infections

    27/05/2023
  • Science

    Moisture, Pressure and Temperature: One Sensor to Rule them All

    29/05/2023

    Brain and spine implants help paralyzed man walk again

    29/05/2023

    The Quest to Use Quantum Mechanics to Pull Energy out of Nothing

    28/05/2023

    The lessons of a wildfire that destroyed a town and burned for 15 months

    28/05/2023

    Smithtown HSE Senior Earns 4th In International Science Competition

    28/05/2023
  • Entertainment

    ‘The Little Mermaid’ Makes a Box Office Splash — Leaving Haters All Wet

    29/05/2023

    Heartstopper Renewed for Two More Seasons After a Stellar Debut on Netflix

    29/05/2023

    Podcast highlights underrepresented business owners, community leaders | Arts & entertainment

    28/05/2023

    12 Embarrassingly Horrible Interactions With Your Favorite Celebrities

    28/05/2023

    George Maharis, ‘Route 66’ Star, Dies at 94

    28/05/2023
  • Sports

    Liz Carmouche Is Dominant Again! – Winners Only Club

    29/05/2023

    Amanda Lemos Teases ‘Surprise in Store’ for Champion Zhang Weili at UFC 292

    29/05/2023

    Michel Pereira Vs. Niko Price (Welterweight) UFC 264

    28/05/2023

    Washington Nationals news & notes: Nats beat Royals with another big 6th; 4-2 final

    28/05/2023

    Who Are The Bucs’ 4 Pillars For The Future?

    28/05/2023
  • Health

    Is my immune system healthy? What to know about testing, boosting it.

    29/05/2023

    Elizabeth Holmes Isn’t Fooling Anyone

    29/05/2023

    Eat More MSG—You Know, for Your Health

    28/05/2023

    Maternity’s Most Dangerous Time: After New Mothers Come Home

    28/05/2023

    Why Are So Many Kids Overdosing on Melatonin?

    28/05/2023
Toppikr
Home»Politics»Debt ceiling negotiations intensify between Biden, Republicans
Politics

Debt ceiling negotiations intensify between Biden, Republicans

26/05/2023No Comments5 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
107245424-1684859796590-gettyimages-1257507920-graves-mchenry_BC_208_052323JPG.jpeg
Share
Facebook Twitter LinkedIn Pinterest Email

Rep. Garrett Graves (R-L, L) and Rep. Patrick McHenry (R, L) speak to reporters on debt ceiling negotiations after the House Republican caucuses at the Capitol Hill Club in Washington, May 23. (Republican). 2023.

Bill Clark | Cq-roll Call Inc. | Getty Images

WASHINGTON — Emergency talks to raise the U.S. debt ceiling appear to be nearing a deal on Thursday, just seven days before the U.S. faces an imminent threat of default.

But negotiators warned that the final stages of negotiations are likely to be the most delicate and difficult for both sides.

Republican negotiator Patrick McHenry of North Carolina told reporters at the Capitol on Thursday, “We’re in a delicate stage and we have sensitive issues that remain. “It’s the most troubling issue we’ve ever discussed.” “Everyone is trying very hard to figure out the details of this issue, but nothing is progressing.”

McHenry said he wasn’t scheduled to meet in person with the White House negotiating team on Thursday, but he didn’t see that as a sign that negotiations were stalling.

“They have jobs in the White House and we have jobs here in the Capitol. I don’t know if we’re physically together, but there’s a set of things we need to work on. We are in agreement about that,” McHenry said.

read more: What Republicans are looking for in exchange for raising the debt ceiling

At the White House, President Joe Biden made a cautiously optimistic statement. “We believe the only way forward is a bipartisan deal that will allow us to move forward and reach a deal that will protect hardworking Americans in this country,” he said Thursday.

House Speaker Kevin McCarthy (Republican, Calif.) said he wasn’t sure if a deal would be reached on Thursday.

“We are already talking to the White House today, and we will continue to work,” he said after the House finished its final votes this week and prepared to leave town. “They are working on numbers, we are working on numbers and we will work together.”

An influential Republican lawmaker said he was optimistic about reaching a deal before the holidays. Rep. Kevin Hahn of Oklahoma, who heads the 156-member Republican Review Committee, said Thursday that he believes a deal is “highly likely” by Friday afternoon.

“We are getting closer and closer to an agreement. I think this is part of the finer details they are working on right now,” Hahn told Reuters. “There is a good chance that an agreement will be reached by tomorrow afternoon.”

Fitch warns about US credit ratings

Thursday’s talks were infused with a new sense of urgency after Fitch’s credit rating agency announced its triple-A rating for the US late Wednesday. “The watch has a negative rating.”

The agency also strongly suggested Fitch could cut its U.S. credit rating if Congress fails to reach a deal by the June 1 deadline set by the Treasury to raise or suspend the debt ceiling. bottom.

Another sign that a deal may be near is a series of additional demands for McCarthy from the most conservative bloc of House Republicans, something Republican leaders have been hoping for whenever talks come close to a compromise. there were.

On Thursday, 35 of McCarthy’s most vocal critics within the House Republicans spoke out. sent a letter He urged the Chair to abandon current consultations and put forward new, more polarized demands.

Members of the House of Representatives Liberals told McCarthy to leverage the threat of unprecedented default to get the White House to agree to extend the short-term debt ceiling through June, giving them extra time to extract more concessions from the White House. I asked to use it for Launch legislation, including the Border and Immigration Act, and launch a campaign to discredit Treasury Secretary Janet Yellen.

The letter did not suggest how any of these proposals could get past the Democratic-controlled Senate, a necessary step for legislation.

CNBC Politics

Read more of CNBC’s political coverage:

But Republicans weren’t the only ones showing signs of infighting this week.

House Democrats have stepped up criticism of the White House’s apparent choice not to disclose details of the meetings on a regular basis.

Tactically, it stands in stark contrast to McCarthy’s full-court PR press, which chats with journalists several times a day and appears on television almost every day.

The White House has tried to dodge criticism, saying Mr. Biden has been talking about the debt ceiling for months.

“We’ve been very clear over the last five months,” White House Press Secretary Carine Jean-Pierre said earlier this week. “I’m not going to just look at the last few days. I’ve been hearing from this president consistently over the past five months.”

On Thursday, White House Chief of Staff Jeff Zientz issued an unusual statement. Tweet About the debt ceiling.

“Even now, Republicans want to add $3.5 trillion in debt by extending President Trump’s tax breaks for the wealthy,” he wrote.What Zeentz didn’t say is that neither does Biden would like to extend those reductionsBut only for households earning less than $400,000, it will offset the cost by raising other taxes.

Shortly after Mr. Zientz’s tweet, Mr. Biden made a point of mentioning the debt ceiling talks at the White House, but he has yet to reveal much about the current state of the negotiations.




Source

Biden ceiling debt intensify negotiations Republicans
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
TOPPIKR
  • Website
  • Facebook
  • Twitter
  • Pinterest
  • Instagram

TOPPIKR is an international news website that covers everything from current events, politics, entertainment, culture, tech, science, and healthcare. This also includes everything from video games and music to movies and gadgets.

Related Posts

Spain’s conservative PP elbows Socialists out in regional elections

29/05/2023

Asia markets rise after U.S. reaches debt ceiling deal, Japan stocks at highest since July 1990

29/05/2023

Chris Sununu says he will decide on 2024 Republican presidential bid ‘in the next week or two’

28/05/2023

Leave A Reply Cancel Reply

Entertainment

‘The Little Mermaid’ Makes a Box Office Splash — Leaving Haters All Wet

29/05/2023

Heartstopper Renewed for Two More Seasons After a Stellar Debut on Netflix

29/05/2023

Podcast highlights underrepresented business owners, community leaders | Arts & entertainment

28/05/2023

12 Embarrassingly Horrible Interactions With Your Favorite Celebrities

28/05/2023
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo
Don't Miss
Africa

Nigeria: US convoy attacked in Anambra, killing four

29/05/2023

CNN  —  A United States convoy was attacked in Nigeria on Tuesday killing four people,…

Liz Carmouche Is Dominant Again! – Winners Only Club

29/05/2023

Is my immune system healthy? What to know about testing, boosting it.

29/05/2023

Four dead after tourist boat capsizes in Italy’s Lake Maggiore

29/05/2023

Subscribe for Updates

Get the latest creative news from TOPPIKR about world, politics and business.

About Us
About Us

TOPPIKR is an International news website founded by a team of passionate, developers and journalists.
The site consists mainly of articles to news stories from other outlets about politics, entertainment, and current events. it also has a newsletter featured by many global columnists.

We're accepting new partnerships currently.

Politics

Spain’s conservative PP elbows Socialists out in regional elections

29/05/2023

Chris Sununu says he will decide on 2024 Republican presidential bid ‘in the next week or two’

28/05/2023

Biden, GOP reach tentative deal to avoid default

28/05/2023

Facebook Twitter Instagram Pinterest RSS
  • ABOUT TOPPIKR
  • Contact Us
  • Privacy Policy
  • Terms & Conditions
  • Disclaimer
  • GDPR Notice
© 2023 TopPikr. All Rights Reserved

Type above and press Enter to search. Press Esc to cancel.

We are using cookies to give you the best experience on our website.

You can find out more about which cookies we are using or switch them off in settings.

Toppikr
Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

Strictly Necessary Cookies

Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.

If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.