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Debt limit agreement clears first hurdle despite Republican anger. Here’s what happens next
Debt limit agreement clears first hurdle despite Republican anger. Here’s what happens next
The bipartisan agreement to raise the debt limit cleared a key hurdle on Tuesday evening despite vehement criticism from many House Republicans. The House Rules Committee voted 7-6 to advance the legislation that codifies the bipartisan agreement struck between House Speaker Kevin McCarthy’s team and negotiators from President Joe Biden’s administration. The rule will now go to the full House floor before the agreement comes to a full House vote. The rule passed after an hours-long deliberation in the committee that included multiple amendment proposals. The vote comes as Treasury Secretary Janet Yellen has warned that the United States will be unable to satisfy its debt obligations come 5 June. The House of Representatives is set to vote But many House Republicans raised objections, including members of the House Freedom Caucus who had previously opposed Mr McCarthy’s bid for speaker in January. Rep Andy Biggs (R - AZ) told The Independent that Mr McCarthy’s deal with the White House was a repeat of his past behaviour. “When he was been in leadership for 13 years, it was not uncommon for him to be the point man to go negotiate a spending cap deal with the Democrats,” he said. Many Republicans criticised the fact that the legislation keeps in place Mr Biden’s student loan forgiveness, only claws back a small sliver of money meant to increase funding for the Internal Revenue Service and raises the debt limit until January 2025, after the 2024 presidential election. Rep Bob Good (R - VA) told The Independent that the bill symbolised a surrender from House Republican leadership. “We have literally come together and our leadership and their leadership and agreed on a Democrat bill,” Mr Good told The Independent. But many allies of Mr McCarthy also opposed the legislation. Rep Nancy Mace (R - SC), who voted for Mr McCarthy for speaker in January, announced her opposition to the bill. “Washington is, was and always will be lousy at responsibly spending your tax dollars,” she tweeted. “That won’t change unless we demand change.” Rep Chip Roy (R - TX) refuted the idea that conservatives would want the United States to default on its debt obligations. “The only person who would default in this town is Joe Biden unless Republicans default on the American dream by voting for this bad bill,” he said at a press conference. “That is why this group will oppose it, we will continue to fight it, today, tomorrow, and no matter what happens, there’s going to be a reckoning about what just occurred.” Mr Roy had tweeted on Monday that during the negotiations for the speakership, Republican leaders pledged that nothing would pass the Rules Committee without at least seven Republican votes and the committee would not allow for reporting out rules without unanimous Republican votes. During the negotiations, Mr Roy tried to stress his opposition and said why Republicans should oppose the bill. “We're not going to reduce spending through this deal. Unless we actually stand up and reduce spending it'll be on us to choose to,” he said during the hearing. “But this deal isn't going to reduce spending even though everybody's going around saying it will.” But some Republicans stressed that the agreement was the only one that could pass the House and Senate and end up on the president’s desk. “We only control one-half of one-third of government,” Rep Erin Houchin (R - IN) said. “There’s no better deal to be had.” Mr McCarthy expressed confidence in a press conference that he would have enough votes to raise the debt limit. “I’m not sure what in the bill people are concerned about,” he told reporters, saying it is the largest savings in congressional history. “We’re pulling money back for the hard-working taxpayers that are going to China. Are they opposed to work requirements for welfare?” On the Senate side, both Republican and Democratic leaders praised the agreement. “Congress will vote on legislation that locks in that important progress,” Senate Minority Leader Mitch McConnell (R - KY) said in remarks on the Senate floor. “Republicans have a tremendous opportunity to take on an existential challenge facing our economy and future generations of Americans. We have a chance to start bringing Washington Democrats’ reckless spending to heel.” Senate Majority Leader Chuck Schumer said the bill was a reasonable compromise. “Of course, nobody is getting everything they want – there is give on both sides – but this agreement is the responsible, prudent and very necessary way forward,” he said on the Senate floor. Mr Schumer said he would bring the bill up as quickly as possible for consideration before the default deadline on 5 June. Read More Biden ‘optimistic’ about McCarthy negotiations as AOC slams ‘dysfunctional’ debt ceiling system Debt ceiling deal reached between Biden and McCarthy Conservatives bark after the debt limit deal. Will they actually bite McCarthy? GOP chairman moves to hold FBI director Wray in contempt over Biden doc Utah Republican Chris Stewart planning to resign from Congress, AP source says Debt limit deal is in place, but budget deficit is still a multi-decade challenge for US government
2023-05-31 09:06
Chris Stapleton reschedules shows due to bronchitis and laryngitis
Chris Stapleton reschedules shows due to bronchitis and laryngitis
Country star Chris Stapleton is pausing his tour on doctors orders to heal from a bout with bronchitis and laryngitis.
2023-10-12 06:14
US Commerce chief seeks trade, tourism boost in China talks
US Commerce chief seeks trade, tourism boost in China talks
By David Shepardson BEIJING U.S. Commerce Secretary Gina Raimondo arrives in Beijing on Sunday for a four-day visit
2023-08-27 21:40
Tesla to recall 159 Model S, X vehicles - NHTSA
Tesla to recall 159 Model S, X vehicles - NHTSA
Tesla will recall 159 Model S and Model X cars due to the possibility of the driver air
2023-11-09 17:05
Who was Robert Gonzales? ‘The View’ host Sunny Hostin requests fans to stay safe after death of close pal
Who was Robert Gonzales? ‘The View’ host Sunny Hostin requests fans to stay safe after death of close pal
Sunny Hostin was devastated after the death of her close friend Robert Gonzales as she made a plea to the fans to be kind
2023-06-23 16:32
Ukrainian forces reclaim a village in the east as part of counteroffensive
Ukrainian forces reclaim a village in the east as part of counteroffensive
Ukrainian forces have recaptured a village in the country’s east after intense battles with Russian troops
2023-09-15 14:46
Vision Pro: Apple starts letting developers make apps for its upcoming headset
Vision Pro: Apple starts letting developers make apps for its upcoming headset
Apple will start letting developers make apps for its upcoming ‘Vision Pro’ headset. The company has released its software development kit, or SDK, for VisionOS, the operating system that will run on the hardware. Apple announced its new headset at its Worldwide Developers Conference, earlier this month. It said then that the hardware would be available “early next year”, but that developers would be able to start creating experiences for it before then. Now it has released the first part of that work, in the form of that SDK. It gives developers the tools they need to start creating what Apple calls “spatial experiences” for the headset. Apple hopes developers will be able to “utilise the powerful and unique capabilities of Vision Pro and visionOS to design brand-new app experiences across a variety of categories including productivity, design, gaming, and more”. Next month, Apple will start holding labs in a range of cities – Cupertino, London, Munich, Shanghai, Singapore, and Tokyo – where developers will be able to submit their apps and actually test them on Vision Pro hardware. Apple engineers will also be on hand to ensure that the apps work on the new platform, Apple said. Development teams will also be able to apply for developer kits that will allow them to test their apps in their own facilities. Apple gave no information on what sort of form those kits would take – how similar they will be to the hardware that will eventually be released, for instance, and what restrictions they will have – or which and how many developers would get through that application process. Apple’s Vision Pro software is built on the foundational technology from other Apple platforms such as iOS and MacOS, and developers are able to use the same tools and frameworks to build apps for the new hardware. But as a “spatial computer”, the Vision Pro also requires entirely new ways of using apps, and so developers will likely need to test their apps on the platform to ensure they actually work as apps within the headset. “Apple Vision Pro redefines what’s possible on a computing platform. Developers can get started building visionOS apps using the powerful frameworks they already know, and take their development even further with new innovative tools and technologies like Reality Composer Pro, to design all-new experiences for their users,” said Susan Prescott, Apple’s vice president of worldwide developer relations. “By taking advantage of the space around the user, spatial computing unlocks new opportunities for our developers, and enables them to imagine new ways to help their users connect, be productive, and enjoy new types of entertainment. We can’t wait to see what our developer community dreams up.” Apple released the SDK, as well as new versions of its development tools, on its developer website. It is also publishing a range of tools aimed at developers, including new guidelines for how those Vision Pro apps should actually look and work. Read More The Apple Watch is getting some major changes this year – here’s why Apple seeks trademark of ‘actual apple’, Swiss fruit association says The new iPhone could have a major clue about Apple’s headset
2023-06-22 05:25
West African bloc meets Niger's ousted president, junta leader in Niamey
West African bloc meets Niger's ousted president, junta leader in Niamey
By Felix Onuah and Boureima Balima ABUJA/NIAMEY (Reuters) -A delegation from West Africa's main regional bloc ECOWAS met Niger's ousted
2023-08-20 03:34
Stocks lifted by China spending plan, oil down on Israel hope
Stocks lifted by China spending plan, oil down on Israel hope
Most markets rose Wednesday after China unveiled plans for $137 billion in extra debt to boost infrastructure spending, while oil extended losses on hopes Israel will scale back its...
2023-10-25 11:15
Marsh, Lloyd's, Ukraine launch war risk ship insurance to cut grain costs
Marsh, Lloyd's, Ukraine launch war risk ship insurance to cut grain costs
By Carolyn Cohn and Jonathan Saul LONDON (Reuters) -Insurance broker Marsh, Lloyd's of London insurers and Ukrainian state banks have
2023-11-15 22:44
FIFA 22: April 2022 Rate the Game (RTG)
FIFA 22: April 2022 Rate the Game (RTG)
FIFA 22 Ultimate Team suffered from a strange April with EA Sports continuing to mishandle glitches and issues while releasing decent to sub-standard promotions along the way like FUT Captains and Fantasy FUT.
1970-01-01 08:00
Genshin Impact Yoimiya Build Guide
Genshin Impact Yoimiya Build Guide
Which talents, artifacts, weapons, and team compositions are best to build Yoimiya in Genshin Impact.
1970-01-01 08:00