Kevin McCarthy

President Joe Biden and Speaker Kevin McCarthy have reached an agreement in principle on legislation to increase the nation’s debt ceiling and avoid default. Here’s a look at what’s in and out of the deal.

“We don’t have an agreement yet, but I did feel the discussion was productive in areas we had differences in opinion,” said McCarthy after meeting with Biden on Debt Ceiling Monday.

Debt limit negotiations between the White House and House Republicans appeared deadlocked during the weekend, as GOP lawmakers held tight to demands for sharp spending cuts, rejecting alternative ways to reduce deficits.

Tuesday’s meeting was pivotal as negotiators are staring down a June 1 deadline, which is when the Treasury Department says the U.S. could begin defaulting on its debts for the first time in history.

The president remained hopeful that an agreement could be reached to avoid what would be an unprecedented debt default, which could trigger a financial catastrophe.

They’re not quibbling about minor points. There are stark differences in how President Joe Biden and House Speaker Kevin McCarthy want to shore up the government’s finances.

Speaker of the House Kevin McCarthy introduced legislation on Wednesday in the on-going debt ceiling negotiations.

House Speaker Kevin McCarthy has unveiled a sweeping package that would raise the nation’s debt limit by $1.5 trillion into next year.

House Speaker Kevin McCarthy is vowing to pass legislation to raise the nation’s debt ceiling — but only coupled with a cap on future federal spending.

House Speaker Kevin McCarthy welcomed Taiwan’s President Tsai Ing-wen for a historic meeting on U.S. soil Wednesday, in a politically sensitive session underscoring U.S. lawmakers’ growing support for her self-ruled island as tensions rise with rival China.

Three House Republican committee chairmen sent Manhattan District Attorney Alvin Bragg a letter Monday requesting he testify before Congress “about what plainly appears to be a politically motivated prosecutorial decision” in any potential indictment of former President Donald Trump in the prosecutor’s hush-money probe.

President Joe Biden has fired the embattled Architect of the Capitol, Brett Blanton, following a scathing inspector general report on his personal and professional management and calls for his removal.

President Joe Biden addressed a joint session of Congress for the first time since voters in the midterm elections handed control of the House to Republicans.

President Joe Biden addressed a joint session of Congress for the first time since voters in the midterm elections handed control of the House to Republicans.

President Joe Biden and House Speaker Kevin McCarthy, R-Calif., met at the White House to discuss a range of issues, including raising the debt ceiling.

The House speaker arrived for the afternoon session carrying no formal GOP budget proposal, but he is laden with the promises he made to far-right and other conservative Republican lawmakers during his difficult campaign to become House speaker.

House Speaker Kevin McCarthy says he’s looking forward to discussing with President Joe Biden a “reasonable and responsible way that we can lift the debt ceiling” when the two meet Wednesday at the White House.

After a chaotic week, Rep. Kevin McCarthy is elected Speaker of the House. Sue chats with Ozzie Palomo about how this could impact the success of the Republican-led House.

Electing the House speaker may have been the easy part. Now House Republicans will try to govern. Speaker Kevin McCarthy passed his first tests late Monday as the Republicans approved their rules package for governing House operations, typically a routine step on Day One that stretched into the second week of the new majority. It was approved 220-213, a party-line vote with one Republican opposed....