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The Latest Breaking News from Kevin McCarthy

The Clock Is Ticking: U.S. Could Default on Debt Payments by June 1

It's time for President Joe Biden and House Speaker Kevin McCarthy to strike a deal that will avoid a default and cut spending.

Reason

Bipartisan US debt ceiling talks restart as deadline moves closer – as it happened

Joe Biden schedules 9 May meeting with congressional leaders after warning US could default on debt as soon as 1 June

The Guardian - US

Yellen breaks the debt ceiling ice

The timeline is more urgent than it looks, and a vast chasm remains between the two parties.

Axios

From analysis to the latest developments in health,
read the most diverse news in one place.

Yellen warns of looming June 1 US debt ceiling deadline

US Treasury Secretary Janet Yellen has written to congressional leaders warning that the federal government could run out of cash as early as June 1, unless they agree on raising the debt limit or suspending it. President Joe Biden has invited Republican House leader Kevin McCarthy for talks on May…

France 24

House Speaker Offers to Host Netanyahu if Biden Doesn't Send an Invite

The US House Speaker, Kevin McCarthy, voiced in Tel Aviv dissatisfaction with US President Joe Biden for failing to invite Prime Minister Benjamin Netanyahu to the White House. The Speaker said if Biden does not invite Netanyahu to Washington soon, he'll invite "the prime minister to come to meet with…

Asharq Al-Awsat

Netanyahu: Preventing Iran's Nuclear Armament Remains Israel's Top Priority

The need to block Iran's nuclear armament will continue to be Israel's top priority, announced Prime Minister Benjamin Netanyahu. Netanyahu spoke at the Knesset plenum attended by US House Speaker Kevin McCarthy. He noted that the first and most urgent challenge was the joint effort of Israel and the US…

Asharq Al-Awsat

US Treasury says government may default on debt as early as June

A letter from US Treasury Secretary Janet Yellen warns of potential ‘harm to business and consumer confidence’.

Al Jazeera

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Biden invites House and Senate leaders to White House as debt limit crisis looms

Mr Biden will meet with top House and Senate leaders on 9 May

The Independent UK

New debt limit forecast crashes into Capitol Hill - Roll Call

The federal government's debt managers warned Congress on Monday that lawmakers may have even less time to raise the borrowing limit.

Roll Call

Plenty of attacks on the debt cap, but no signs of settling

President Joe Biden and House Speaker Kevin McCarthy are finding it’s easy to publicly shame each other over the debt limit

The Independent UK

US Speaker McCarthy: Russia must pull out of Ukraine

Speaker Kevin McCarthy says Russia should “pull out” of Ukraine

The Independent UK

Biden should invite Israeli PM to White House, McCarthy says

The U.S. should invite Israeli Prime Minister Benjamin Netanyahu to the White House for an official visit, U.S. House of Representatives Speaker Kevin McCarthy said on Monday, as a customary invitation has not been extended in the five months since Netanyahu's election.

Reuters

Russia-Ukraine war at a glance: what we know on day 432 of the invasion

Russian missiles have struck warehouses reportedly storing ammunition at a railway depot in the Ukrainian city of Pavlohrad injuring at least 34 people; Ukraine claims to have shot down 15 of 18 missiles fired overnight

The Guardian - AU

Biden says banking system is ‘safe and sound’ despite First Republic collapse – as it happened

President praises takeover by JP Morgan after California bank fails

The Guardian - US

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Asharq Al-Awsat

Fraught US-Israel Ties on Display as Knesset Reconvenes

Israeli lawmakers reconvene Monday after a month-long parliament recess, resuming the fight over a contentious government plan to overhaul the judiciary that has split Israelis and drawn concern from Israel's most important ally, the United States. The tensions will be on full display when the highest-ranking Republican politician in the…

The Independent UK

Fraught U.S-Israel ties on display as Knesset reconvenes

Asharq Al-Awsat

US House Speaker Pledges to Support Israel for Next 75 Years

The US House Speaker Kevin McCarthy pledged to support Israel in the next 75 years, saying the special bond will only grow stronger. In solidarity with Israel on its 75th anniversary, McCarthy arrived in Tel Aviv on his first official visit since he assumed the position, heading a bipartisan delegation.…

Axios

The GOP's quiet winning streak

For all his problems, polls show Trump is running competitively against Biden.

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Al Jazeera

Joe Biden laughs off age jokes at annual US media gathering

At the White House Correspondents’ Association dinner, comedy mixes with somber calls to free reporters.

Axios

Congressional Democrats splinter on debt ceiling strategy

At least one House Democrat got a call from Senate Democratic leadership.

The Guardian - US

Danger and deja vu: what 2011 can tell us about the US debt ceiling crisis

Congress appears to be facing its biggest debt standoff in years – and the consequences of default could be disastrous

The Guardian - US

‘They say I’m ancient’: Biden speech to White House media proves to be one for the ages

The 80-year-old US president chooses annual address to have some fun with a crucial voter concern, mixed with digs at Don Lemon and Fox News

The Independent UK

AP Interview: Pelosi says Ukraine, democracy 'must win'

A year ago, Nancy Pelosi led a congressional delegation to Ukraine, then the highest ranking elected U.S. official at tht time to visit Kyiv at the start of the Russian invasion

The Independent UK

Facing revolt, GOP spares ethanol in drive to cut spending

House Republicans are touting their debt limit package as a first step toward fiscal restraint

The Independent UK

Zooey Zephyr row spotlights rise of GOP far-right caucuses

The banishment of transgender lawmaker Zooey Zephyr from Montana’s House floor has showcased the rising power of hard-line conservatives who are leveraging divisive social issues to gain political influence

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