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The Latest Breaking News from Joe Biden

Why a government default could be worse than a government shutdown

All the hand-wringing over a potential government default if Congress doesn’t increase the national debt limit has conjured up images of past government shutdowns

The Independent UK

G7 tackles Russia and China as Albanese lands in Japan

Prime Minister Anthony Albanese is in Japan for the G7 summit, where Russia's invasion of Ukraine and China's militarisation will be the focus of discussions.

AAP

Tighter TANF requirements may be ripe for debt limit accord - Roll Call

President Joe Biden has left the door open to smaller tweaks, which could mean tighter work requirements for families to receive cash aid.

Roll Call

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Political Fallout Continues From The Arrrest Of Afghan National On List Near San Diego

Terrorist Arrested Near San Diego

Zenger

White House expected to withdraw federal appeals court nomination, in judicial defeat for Biden

In a rare judicial defeat for President Joe Biden, the White House is expected to soon withdraw the nomination of Michael Delaney for the Boston-based 1st U.S. Circuit Court of Appeals,

The Independent UK

McCarthy says debt deal is close, predicts House vote next week

House Speaker Kevin McCarthy said that negotiators on the federal debt limit may reach an agreement in principle as soon as this weekend and that he expects his chamber to consider a deal by next week.

Tribune News Service

Contours of debt limit deal start to take shape - Roll Call

Lawmakers from both parties suggested negotiators were making progress Thursday toward a bipartisan deal that would raise the debt limit.

Roll Call

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Jamaal Bowman says Marjorie Taylor Greene used racial ‘bullhorn’ after Capitol exchange

Jamaal Bowman and Marjorie Taylor Greene were engaged in a heated back-and-forth about Rep George Santos

The Independent UK

Japan, United States to continue Russia sanctions and Ukraine support, Kishida says

Japanese Prime Minister Fumio Kishida has agreed with U.S. President Joe Biden to continue sanctions against Russia and support of Ukraine, Kishida told reporters as the two leaders met in the Japanese city of Hiroshima on Thursday.

Reuters

Eight-year-old girl dies after being detained by border patrol in Texas

Child died following a ‘medical emergency’, Customs and Border Protection says, a week after a teen died in custody in Florida

The Guardian - US

US laws to promote home-grown industries will hurt African economies

The Biden administration has ratcheted up protectionism and industrial policy amid surging economic tensions with China. Legislation passed in 2022 unlocked hundreds of billions of dollars in subsidies to spur domestic production of renewable energy and electric vehicles, and to support other decarbonisation goals.

The Conversation

World leaders land in Hiroshima for G7, with Ukraine war high on agenda

World leaders landed Thursday for a Group of Seven meeting in Hiroshima, the site of the world’s first atomic bomb attack, with Russia’s war in Ukraine expected to be high on the agenda.

France 24

Kevin McCarthy created this "crisis"

At least Mitch McConnell admits the obvious: There will be no default, and everyone knows it. So WTF is going on?

Salon

Why so many electric car chargers in America don't work

In a nondescript office park in San Jose, California, ChargePoint Holdings Inc. runs a torture lab of sorts. It’s here that the operator of the U.S.’s largest network of electric vehicle chargers subjects its products to extreme temperatures and rain, and puts them through simulated dust storms and earthquakes. Pulley…

Tribune News Service

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WEKU

Australian envoy suggests 'smelling salts' for worries over Biden's Quad cancellation

NPR's Leila Fadel talks to Australian Ambassador to the U.S. Kevin Rudd about President Biden deciding not to meet with leaders of Australia, India and Japan because of U.S. debt ceiling negotiations.

The Guardian - US

The US debt ceiling crisis is more proof of Republicans’ cynicism and bad faith

Republicans want to force spending cuts by threat instead of legislating – and the cuts they’re asking for are appalling

The Guardian - US

Conspiracy theorists to address US House subcommittee, watchdog warns

Representative Jim Jordan will call on Covid truthers and January 6 sceptics in his inquiry into the politicization of federal law enforcement

The Guardian - UK

First Thing: Japan PM prepares push for nuclear weapons pledge in Hiroshima

Ukraine war and China’s Taiwan ambitions are expected to dominate G7 discussions, but Fumio Kishida will have a powerful backdrop. Plus, the rise and fall of Rudy Giuliani

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The Conversation

Grattan on Friday: Albanese governs on softly-softly catchee monkey formula. Would Plibersek or Chalmers have been bolder?

Reading Margaret Simons’ recently released biography of Tanya Plibersek brought to mind an interesting question. What sort of Labor government would we have if Plibersek, rather than Anthony Albanese, had become Labor leader in 2019, and then won the 2022 election?

Al Jazeera

US President Joe Biden arrives in Japan for G7 summit

Talks to focus on the war in Ukraine, nuclear disarmament, artificial intelligence, climate change, economic security.

The Independent UK

Biden's reelection campaign sees 'viable pathways' to 2024 election win

President Joe Biden’s reelection campaign is vowing to hold the states that won him the White House in 2020 but also compete in places it lost like North Carolina and Florida, providing what it says are “a number of viable pathways" to victory

Barchart

Stocks Climb Before the Open on U.S. Debt Deal Optimism, Walmart Earnings on Tap

June S&P 500 futures (ESM23) are up +0.16%, and June Nasdaq 100 E-Mini futures (NQM23) are up +0.21% this morning after three major U.S. benchmark indices rallied on Wednesday as hopes of a deal to raise the U.S. debt limit and a jump in regional bank stocks boosted risk appetite.

Axios

Internal skepticism emerges on Democrats’ debt ceiling tactic

Rep. Jared Golden said the Democrats' discharge petition is not a "real strategy."

The Guardian - UK

G7 wrestles with how to prosecute one war and prevent another

Leaders searching for unity on extent of help for Ukraine and how to persuade global south to join China containment effort

Barchart

Stocks Move Higher Before the Open on U.S. Debt Deal Optimism, Walmart Earnings on Tap

June S&P 500 futures (ESM23) are up +0.08%, and June Nasdaq 100 E-Mini futures (NQM23) are up +0.15% this morning after three major U.S. benchmark indices rallied on Wednesday as hopes of a deal to raise the U.S. debt limit and a jump in regional bank stocks boosted risk appetite.

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