WASHINGTON — President Joe Biden said a deal to raise the government’s debt ceiling seemed “very close” late Friday, even as the deadline for a potentially catastrophic default was pushed back to June 5. The later date, laid out in a letter from Treasury Secretary Janet Yellen, set the risk of a devastating default four days later than an earlier estimate. […]
WASHINGTON — U.S. President Joe Biden said Sunday that opposition Republicans in the House of Representatives must move away from their “extreme position” on government spending in order to reach a deal with Democrats to raise the country’s borrowing limit before it runs out of cash to pay its bills. The government could come up short to meet its financial […]
Joe Biden thanks Fauci, the US president’s chief medical adviser, for his decades of ‘dedicated’ public service. Dr. Anthony Fauci, the top infectious disease expert in the United States who emerged as the public face of the country’s COVID-19 pandemic response, has announced that he will step down in December. Fauci said in a statement on Monday that he will leave both […]
President Joe Biden tested positive for COVID-19 again on the weekend, three days after a negative test allowed him to resume work as usual from the Oval Office. The presidential physician, Dr. Kevin O’Connor, wrote in a memo that the antigen test represents a “rebound” case of the coronavirus. He attributed it to the Paxlovid treatment Biden was prescribed; the […]
The U.S. economy showed signs of weakness, experiencing a second straight quarterly decline from April to June, dropping at an annual pace of nine-tenths of a percentage point and pushing the world’s biggest economy into a recession by one common measurement. The Commerce Department reported the decline in the gross domestic product – the broadest gauge of the American economy […]
“Coming off of last year’s historic economic growth – and regaining all the private sector jobs lost during the pandemic crisis – it’s no surprise that the economy is slowing down as the Federal Reserve acts to bring down inflation,” said President Biden. He noted, however, that the economy faces global challenges, but “we are on the right path,” and […]
President Joe Biden signed an executive order Friday aimed at protecting abortion rights in response to the landmark decision by the Supreme Court overturning Roe v. Wade. “I’m asking the Justice Department, that much like they did in the civil rights era, to do something, to do everything in their power to protect these women seeking to invoke their rights,” […]
WASHINGTON — President Joe Biden will present the nation’s highest civilian honor, the Presidential Medal of Freedom, to 17 people, including actor Denzel Washington, gymnast Simone Biles and the late John McCain, the Arizona Republican with whom Biden served in the U.S. Senate. Biden will also recognize Sandra Lindsay, the New York City nurse who rolled up her sleeve on live […]
LOS ANGELES — U.S. President Joe Biden said his administration is doing all it can to tackle inflation, placing blame for rising prices on oil and shipping companies, as new data show consumer prices have reached a four-decade high. During a speech at the Port of Los Angeles on Friday, Biden said that oil companies are deliberately not increasing production to […]
Sen. Bernie Sanders was in a no-holds-barred mood on Sunday when he called out Sens. Joe Manchin and Kyrsten Sinema, referring to them as “saboteurs.” He argued that both senators have “sabotaged” President Joe Biden’s agenda. “You got two members of the Senate, Sen. Manchin and Sen. Sinema, who have sabotaged what the president has been fighting for,” Sanders told […]
