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The Latest Breaking News from the White House

Parties moving closer on debt ceiling deal as talks drag on - Roll Call

Negotiators working to hash out a deal to raise the debt limit were getting closer to agreement late Thursday.

Roll Call

Joe Biden: On the brink of doom

I've never seen a president this bad at communicating his agenda. If he loses to Trump, it'll be his own damn fault

Salon

DeSantis Announces Too-Online Campaign in Most Online Way Imaginable

Plus: A.I. helps a paralyzed man walk again, how Wall Street is preparing for a possible U.S. debt default, and more...

Reason

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read the most diverse news in one place.

Democrats are dreading a potential debt ceiling deal

"Democrats know they will have to eat a turd sandwich," one House Democrat told Axios.

Axios

Stocks Climb Before the Open as Investors Await Key U.S. GDP Data, Nvidia Results Boost Sentiment

June S&P 500 futures (ESM23) are up +0.63%, and June Nasdaq 100 E-Mini futures (NQM23) are up +1.74% this morning after three major U.S. benchmark indices finished the regular session in the red as talks between the White House and Republican representatives on raising the U.S. debt ceiling ended without…

Barchart

First Thing: Tributes paid to ‘queen of rock and soul’ Tina Turner

Stars including Mick Jagger, Elton John and Diana Ross pay tribute to the singer who has died at 83. Plus, how the invasion of Ukraine ‘has fuelled funding boom for clean energy’

The Guardian - UK

Editorial: One answer to the migration crisis? Jobs

The Biden administration’s sensible new policy for asylum seekers — requiring them to submit applications in Latin American countries before arriving — seems to have preempted a wave of migration to the border, at least for now. But what about those the US has already legally admitted into the country,…

Tribune News Service

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Editorial: Trump’s mouth on trial: Donald is compelled to spout off and the courts won’t abide it

Like the scorpion in the fable that causes its own drowning, Donald Trump cannot stop himself from attacking and insulting and belittling. It’s been his nature for his nearly 77 years and helped propel him into the White House. A fitting word for his attitude is contemptuous. While his sneering…

Tribune News Service

Editorial: He’s in, but Florida, state of extremism, pays the price for DeSantis’ 2024 run

We’ve known Gov. Ron DeSantis has been running — hard — for the White House for months, campaigning in all but name from Ohio and Michigan to Israel and Japan.

Tribune News Service

McCarthy's Republicans push debt ceiling talks to brink, lawmakers leaving town for weekend

House Republicans are pushing debt ceiling talks to the brink

The Independent UK

Look who's talking: Biden goes quiet in debt-limit talks, while McCarthy can't stop chatting

President Joe Biden has made a deliberate decision to go quiet as his team gets down to the wire in the debt-limit talks, according to White House officials

The Independent UK

McCarthy faces pressure from conservatives vital to his job as debt talks resume

WASHINGTON — House conservatives ratcheted up pressure on Speaker Kevin McCarthy to hold firm in talks over raising the debt ceiling just days before a potentially catastrophic U.S. default.

Tribune News Service

DeSantis signs bill allowing him to run for president without resigning

TAMPA, Fla. — In another incremental step in his bid for the White House, Gov. Ron DeSantis on Wednesday signed a bill clarifying that Florida elected officials can remain in office while running for president.

Tribune News Service

Ron DeSantis joins White House race, tripped up by chaotic Twitter launch

Florida Governor Ron DeSantis suffered a chaotic start to his 2024 presidential election race on Wednesday when glitches marred an online forum hosted by Twitter owner Elon Musk that was meant to showcase DeSantis' fitness for the job.

Reuters

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Fortune

Massive money manager Pimco likens passing a debt ceiling deal to passing a kidney stone: ‘We are in the painful period right now’

“We know it will pass, it is just a question of how painful it will be,” Pimco’s Libby Cantrill wrote Wednesday.

Tribune News Service

GOP, Biden negotiators resume talks amid debt default impasse

WASHINGTON — Negotiators for the White House and House Republicans resumed talks on lifting the U.S. debt ceiling amid an impasse just days before a potentially catastrophic default, according to a person familiar with the matter.

The Hindu

Unnecessary brinkmanship: On the U.S.’s fiscal quagmire

Political brinkmanship in the United States brinkmanship could cause a painfully intractable economic crisis

The Guardian - US

US lawmakers blame each other for debt ceiling standoff: ‘They are not negotiating’

Democrats and Republicans continue to trade pointed remarks, underscoring that agreement is not in reach to avoid default

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Roll Call

In play to GOP base, House votes to block student loan relief

The House approved a measure to block President Biden's plan to forgive up to $20,000 in student debt, which courts have already postponed.

Roll Call

Debt limit talks back on, this time with change of venue - Roll Call

House Republican and White House negotiators met midday Wednesday on President Joe Biden's home turf for a change.

The Independent UK

Trump tries to hijack DeSantis 2024 announcement day with five insult-packed rants

The former president began his day on Wednesday morning by spewing insults at the man expected to become his biggest rival for the Republican nomination in the 2024 presidential race

Barchart

Markets Today: Stocks Decline as U.S. Debt Limit Talks Stall

Morning Markets June E-Mini S&P 500 futures (ESM2 3) this morning are down -0.43%, and June Nasdaq 100 E-Mini futures (NQM2 3) are down -0.51%. U.S. stock index futures this morning are moderately lower as U.S. debt ceiling talks stall. Republican negotiators said the White House is showing little urgency...

WEKU

Debt ceiling talks aren't going well. Here's where they stand

House Republicans insist there's a gulf between them and the White House on key areas on how to resolve the looming debt ceiling deadline.

The Independent UK

College student who tracked Elon Musk’s private jet is now following Ron DeSantis

‘Well, you know Ron DeSantis is becoming more and more of a public figure in that he might run for the White House’

The Independent UK

Debt ceiling talks stuck on classic problem: Republicans demand spending cuts and Democrats resist

Debt ceiling negotiations are locked on a classic problem that has vexed Washington before: Republicans led by House Speaker Kevin McCarthy want to roll back federal government spending, while President Joe Biden and other Democrats do not

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