Joe Biden: Latest News

All news where Joe Biden is mentioned

Joe Biden - Biden to tour I-95 collapse before Philly rally with unions; first big 2024 campaign event - fox29.com - Usa
fox29.com
61%
261
Biden to tour I-95 collapse before Philly rally with unions; first big 2024 campaign event
PHILADELPHIA - President Joe Biden will tout his pro-labor bona fides on Saturday at his first major political rally since he formalized his reelection campaign, appearing alongside union members to make his case that his economic agenda is boosting the middle class.His campaign says Biden, who will appear at the Philadelphia Convention Center, will "lay out the core principles of his economic message" in his remarks. Biden also plans to talk about how a sweeping climate, tax and health care package he signed into law last year has cut the cost of prescription drugs and lowered insurance premiums, as his administration focuses on his achievements his first two years the centerpiece argument for his reelection.Prior to the campaign event, Biden is set to take an aerial tour of Interstate 95 after portions of the critical roadway collapsed a week ago, leaving resident and commuters in travel turmoil as crews work around the clock to reconstruct the now-demolished overpass.The president is expected to receive a briefing on emergency repair and reconstruction efforts before making remarks at Philadelphia International Airport.RELATED COVERAGE: I-95 collapse: Live camera shows real-time progress of interstate reconstructionSeveral of the nation's most powerful unions — including the AFL-CIO, American Federation of Teachers and the American Federation of State, County and Municipal Employees — officially endorsed Biden's campaign ahead of the event.
Joe Biden - Kevin Maccarthy - Debt ceiling and spending bill passes U.S. House, clearing major hurdle - globalnews.ca - Usa
globalnews.ca
75%
359
Debt ceiling and spending bill passes U.S. House, clearing major hurdle
debt ceiling while cutting government spending, clearing a crucial bar with bipartisan support as Congress races to avert a federal default.With some Republicans voting against the measure over concerns the hard-fought compromise didn’t go far enough, it took Democrats — some of whom had their own concerns and also voted no — to secure the majority needed to send the bill to the Senate, which is set to hold its own vote later this week.The goal is to get the bill signed by President Joe Biden before Monday, when the U.S. Treasury says it will run out of money to pay its debts.Ever since the deal between House Republicans and the White House emerged over the weekend, lawmakers in both parties have urged members to vote for it despite their misgivings, assessing it was better than the alternative of devastating economic upheaval.In the end, 117 House members — 71 Republicans and 46 Democrats — voted against the package.Tensions rose earlier Wednesday when Republican support lagged on a procedural vote, but the package ultimately sailed ahead once Democrats — after waiting until it was clear Republicans didn’t have the votes on their own — unleashed their own votes in a show of bipartisan support.Quick approval by Congress would ensure government checks will continue to go out to Social Security recipients, veterans and others, and would prevent financial upheaval at home and abroad.
Joe Biden - Kevin Maccarthy - Debt ceiling: House OKs bill to avoid default, sends Biden-McCarthy deal to Senate - fox29.com - Washington - state Colorado
fox29.com
86%
449
Debt ceiling: House OKs bill to avoid default, sends Biden-McCarthy deal to Senate
WASHINGTON - Veering away from a default crisis, the House approved a debt ceiling and budget cuts package late Wednesday, as President Joe Biden and Speaker Kevin McCarthy assembled a bipartisan coalition of centrist Democrats and Republicans against fierce conservative blowback and progressive dissent.The hard-fought deal pleased few, but lawmakers assessed it was better than the alternative — a devastating economic upheaval if Congress failed to act. Tensions ran high throughout the day as hard-right Republicans refused the deal, while Democrats said "extremist" GOP views were risking a debt default as soon as next week.With the House vote of 314-117, the bill now heads to the Senate with passage expected by week's end.McCarthy insisted his party was working to "give America hope" as he launched into a late evening speech extolling the bill's budget cuts, which he said were needed to curb Washington's "runaway spending."But amid discontent from Republicans who said the spending restrictions did not go far enough, McCarthy said it is only a "first step."Earlier, Biden expressed optimism that the agreement he negotiated with McCarthy to lift the nation's borrowing limit would pass the chamber and avoid an economically disastrous default on America's debts.The president departed Washington for Colorado, where he is scheduled to deliver the commencement address Thursday at the U.S.
Joe Biden - Kevin Maccarthy - Janet Yellen - Debt ceiling deal needs to happen by June 5 to avoid default: Yellen - globalnews.ca - Usa
globalnews.ca
70%
625
Debt ceiling deal needs to happen by June 5 to avoid default: Yellen
Memorial Day long weekend, Treasury Secretary Janet Yellen extended the deadline for a deal to raise the government’s $31.4 trillion debt ceiling, but only by four days.Originally, Yellen said the deadline was as early as June 1 to avoid a potential default but in a letter to Congress on Friday, the date was extended to June 5.Yellen said her department would make more than $130 billion in scheduled payments in the first two days of the month, including to veterans and Social Security and Medicare recipients, but encouraged the White House and Republicans to come to an agreement “as soon as possible.”“If Congress fails to increase the debt limit, it would cause severe hardship to American families, harm our global leadership position, and raise questions about our ability to defend our national security interests,” she wrote.The extension comes as President Joe Biden and Republican Speaker Kevin McCarthy appeared to narrow in on a two-year budget deal that was aimed at curbing federal deficits.The pair are hoping to strike a compromise over the weekend, but any deal would need to be a compromise as support would be needed from Republicans and Democrats to pass a divided and narrowly-controlled Congress.On Friday evening before departing for Camp David, Biden said “things are looking good.”“I’m hoping we’ll have some clear evidence tonight before the clock strikes 12 that we have a deal,” he said. “But it’s very close.”Despite potential hang-ups, including over stiffer work requirements on people receiving government food stamps, both sides appeared to be optimistic that they could find a deal.“I’m a total optimist,” McCarthy said Friday.
DMCA