President Joe Biden signed into law Saturday a bill to suspend the nation’s debt limit through January 1, 2025, to avert a first-ever US default. Biden signed H.R. 3746, the “Fiscal Responsibility Act of 2023,” two days before Monday’s default deadline, on which the U.S. would run out of cash …
Read More »Biden Delivers Oval Office Speech On Bipartisan Debt Ceiling Deal
President Joe Biden celebrated the successful resolution of a potential government default in his inaugural speech to the nation from the Oval Office on Friday. He expressed relief that a budget agreement had been reached, preventing a crisis that could have negatively impacted the U.S. and global economies. The bipartisan …
Read More »Biden Delivers Commencement Address At Air Force Academy Graduation
Lindsey Toomer, Colorado Newsline President Joe Biden gave a commencement address during a ceremony Thursday at the U.S. Air Force Academy in Colorado Springs. He congratulated each member of the class of 2023 after they received diplomas in the academy’s 65th graduation ceremony. Hundreds of families crowded into Falcon Stadium …
Read More »Biden Student Debt Relief Plan Revoked In U.S. House Vote
Ariana Figueroa, Florida Phoenix The U.S. House on Wednesday voted to overturn the Biden administration’s one-time student debt relief plan that is currently on hold awaiting a Supreme Court decision expected within weeks. Before the 218-203 vote on the resolution, the White House said President Joe Biden would veto it, arguing …
Read More »Biden and Congressional Leaders Fail To Reach A Debt Limit Deal, But Will Meet Again Friday
Jennifer Shutt, New Jersey Monitor President Joe Biden and top congressional leaders were unable to reach a bipartisan debt limit agreement during a closed-door meeting Tuesday, leaving the dispute unresolved as the country moves closer to a default predicted as soon as early June. White House staff and aides to …
Read More »Biden’s New Executive Order Could Expand Access To Child Care And Long-Term Care
Chabeli Carrazana, Sara Luterman Originally published by The 19th President Joe Biden is using an executive order to direct federal agencies to work to lower the cost of child care and improve long-term care for older adults and people with disabilities — a move that signaled the administration’s commitment to …
Read More »Biden Signs Bill Declassifying Information On The Origin Of COVID-19
Jennifer Shutt, Florida Phoenix The U.S. director of national intelligence has three months to declassify information on potential links between China’s Wuhan Institute of Virology and the origin of COVID-19, after President Joe Biden signed legislation Monday. The bill was one of the first Biden has signed since a 118th …
Read More »Biden Admin Details Potential Cuts In Education, Food Aid And More Under GOP Plan
Jennifer Shutt, Pennsylvania Capital-Star Federal departments and agencies say U.S. House Republicans’ plans to cut federal spending would result in reductions to key programs like food aid, education assistance and wildfire management. The series of letters from across the federal government released Monday detail exactly how plans to cut at …
Read More »Biden Says Top Executives of Failed Banks Should Face Harsher Penalties
Days after U.S. Sen. Elizabeth Warren expressed outrage over the bonuses that Silicon Valley Bank executives were handing out hours before the bank failed, President Joe Biden on Friday called on Congress to strengthen regulatory powers to hold officials at failed banks accountable. The president said in a statement that …
Read More »Biden Promotes Prescription Drug Plan During UNLV Stop
Michael Lyle, Nevada Current President Joe Biden during a speech at UNLV Wednesday touted recent legislative victories seeking to rein in prescription drug prices and vowed to build on efforts to reduce health costs Biden’s visit to Southern Nevada came a week after he unveiled his 2024 fiscal year budget, …
Read More »As Supreme Court Considers Student Loan Forgiveness, States May Expand Their Programs
Elaine S. Povich As the U.S. Supreme Court mulls the constitutionality of President Joe Biden’s broad student loan forgiveness plan, lawmakers in many states are looking to expand their own student debt repayment programs. Every state but North Dakota has at least one loan forgiveness plan. The catch is that …
Read More »Michigan Man Charged After Threatening President Biden, Gov. Gretchen Whitmer
Jon King, Michigan Advance A man from Michigan’s Thumb region, who authorities say made numerous threats to kill FBI agents, members of the LGBTQ+ community, President Joe Biden, and Gov. Gretchen Whitmer, has been charged with illegally possessing firearms. According to a press release from the U.S. Attorney’s Office for …
Read More »President Biden says ‘banking system is safe’ After Collapse Of Two Banks
President Joe Biden on Monday reassured Americans that the banking system is safe in the wake of the sudden collapse of Silicon Valley Bank (SVB) and the federal takeover of a second bank. “Americans can have confidence that the banking system is safe. Your deposits will be there when you …
Read More »Congress Unanimously Votes To Require Declassified Information On COVID-19 Origins
Jennifer Shutt, Florida Phoenix The divided 118th Congress approved its first bill Friday, after lawmakers in both the House and Senate voted unanimously to send President Joe Biden legislation that would require declassification of intelligence on the origins of COVID-19. The four-page bill, which the House voted 419-0 to clear, would …
Read More »Biden Budget Asks For 25% Tax On Billionaires, Boosts In Domestic And Defense Spending
Jennifer Shutt, Iowa Capital Dispatch President Joe Biden’s budget request for the upcoming fiscal year asks Congress to boost funding for defense and domestic programs and levy a 25% minimum tax on billionaires, setting up a significant contrast with House Republicans, who hope to cut spending to last year’s levels …
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