The White House wanted powerful business groups and nonpartisan organizations to side with it against House Republicans, but they have not.
Why does the U.S. keep raising the debt limit?
McCarthy, however, has been able to keep these voices largely at bay. His ability to pass a debt limit and spending bill last month solidified his calls for negotiations. Many of the Washington budget groups and business lobbyists agree, as a matter of principle, with McCarthy’s call for reducing the deficit by cutting spending. And Biden’s outright rejection of even the possibility of talks alienated nonpartisan groups, however much they agreed that the debt ceiling needed to be raised.
Business lobbyists have much less influence with House Republicans than they once did, amid a growing split between corporate America and the GOP over a raft of policy issues and the rise of Trump-inflected populism.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
White House digs in on debt strategy after House Republicans pass their planThe White House is working to redefine its debt strategy after the surprise passage of House Republicans’ plan to slash spending in return for raising the debt ceiling.
Read more »
White House accuses House GOP of 'biggest vote to defund law enforcement' in debt limit fightThe Biden White House is preparing a new line of attack in the debt ceiling fight, claiming that Speaker Kevin McCarthy's (R-CA) House-passed proposal shows 'defunding law enforcement' is 'one of the most high profile legislative actions of their new majority,' in an attempt to turn around an…
Read more »
Republicans react to sending 1,500 troops to border as Title 42 endsThe White House says Congress needs to pass immigration reform. Congressional Republicans say it is up to the White House to stop migrants.
Read more »
House Republicans demand more information about State Department’s alleged censorshipHouse Republican lawmakers on the Foreign Affairs Committee Tuesday sent a letter to U.S. Secretary of State Antony Blinken accusing the State Department’s Global Engagement Center of censorship and demanded more information.
Read more »
Biden sticks with refusal to negotiate debt limit with House Republicans as country faces defaultThe White House said Tuesday that President Biden is not budging in his refusal to trade spending cuts with House Republicans in exchange for Congress lifting the federal debt limit, despite the country being less than a month away from default.
Read more »