Category: Hamilton News

As negotiators for the White House and House Republican leaders struggle to reach a deal over how to raise the nation’s debt limit, a solution that harks back to old budget fights has re-emerged as a potential path forward: spending caps. Putting limits on future spending in exchange for raising the $31.4 trillion borrowing cap could be the key to clinching an agreement that would allow Republicans to claim that they secured major concessions from Democrats. It could also…

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Treasury Secretary Janet L. Yellen reiterated on Monday that the United States could be unable to pay its bills as soon as June 1, an announcement that maintains pressure on the White House and congressional leaders as they negotiate how to raise the nation’s debt limit. The warning to Congress comes as President Biden and Speaker Kevin McCarthy are set to meet on Monday afternoon at the White House to try and resolve the impasse. Representatives for Mr. Biden…

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The United States faces an “elevated risk” of running out of cash to pay its bills between June 2 and 13 if Congress does not raise or suspend the nation’s debt limit, according to an analysis released on Tuesday by the Bipartisan Policy Center, an influential think tank that carefully tracks federal spending. The analysis underscores the growing possibility that the United States will default on its debt as soon as next week. It comes amid negotiations between the…

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The News The Federal Aviation Administration said on Tuesday that it had awarded more than $100 million to a dozen airports to help prevent accidents after a series of near collisions this year. The money is intended to reduce “incursions,” in which planes, vehicles and people mistakenly occupy or obstruct runways. The money will fund changes that include building new paths, or taxiways, for planes to move around airports and the installation of lights to help better guide pilots….

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Tim Scott, the first Black Republican elected to the Senate from the South since Reconstruction, announced his campaign for president on Monday, bringing a positive, aspirational message to a growing field of Republicans running as alternatives to former President Donald J. Trump. Mr. Scott’s decision, which followed a soft rollout in February and the creation of an exploratory committee in April, came this time with a signal to the Republican establishment that he was the candidate to rally around…

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President Biden and Speaker Kevin McCarthy expressed optimism on Monday that they could break the partisan stalemate that has prevented action to avert a default on the nation’s debt, but remained far apart on a deal to raise the debt limit as Democrats resisted Republicans’ demands for spending cuts in exchange. The two met face to face at the White House for the second time in two weeks in a show of good will after a weekend of behind-the-scenes clashes among negotiators, punctuated…

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The Justice Department kept open the investigation into Hillary Clinton’s family foundation for nearly all of President Donald J. Trump’s administration, with prosecutors closing the case without charges just days before he left office. Newly released documents and interviews with former department officials show that the investigation stretched long past when F.B.I. agents and prosecutors knew it was a dead end. The conclusion of the case, which centered on the Clinton Foundation’s dealings with foreign donors when Mrs. Clinton…

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As a 44-year-old member of Generation X, Gov. Ron DeSantis of Florida might be an unlikely candidate to wrest his party’s older voters away from Donald J. Trump, a 76-year-old baby boomer. But he is trying anyway. As Mr. DeSantis closes in on the official rollout of a 2024 campaign for president, he is seeking to make early inroads with this large, politically influential group of voters, and doing so by appealing to their pocketbook concerns. He has focused…

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Senator Tim Scott of South Carolina, who announced his presidential campaign on Monday, is the first Black Republican senator from the South in more than a century and has been one of his party’s most prominent voices on matters of race, often navigating a political tightrope. Here are five things to know about Mr. Scott. A rapid rise Mr. Scott was elected to Congress during the Tea Party wave of 2010 to represent South Carolina’s First District, which would…

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Arizona, California and Nevada have agreed to take less water from the drought-strained Colorado River, a breakthrough agreement that, for now, keeps the river from falling so low that it would jeopardize water supplies for major Western cities like Phoenix and Los Angeles as well as for some of America’s most productive farmland. The agreement, announced Monday, calls for the federal government to pay about $1.2 billion to irrigation districts, cities and Native American tribes in the three states…

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