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Biden signs debt limit bill, avoiding U.S. default

Biden signs debt limit bill, avoiding U.S. default

Jun 5, 2023 | Business, Economy, Politics, Top News

By Trevor Hunnicutt WASHINGTON (Reuters) -President Joe Biden on Saturday signed a bill that suspends the U.S. government’s $31.4 trillion debt ceiling, averting what would have been a first-ever default with just two days to spare. The House of Representatives...
Chinese warship passed in ‘unsafe manner’ near US destroyer in Taiwan Strait, military officials say

Chinese warship passed in ‘unsafe manner’ near US destroyer in Taiwan Strait, military officials say

Jun 4, 2023 | Asia, Canada, Politics, Top News, US

WASHINGTON (Reuters) – A Chinese warship came within 150 yards (137 meters) of a U.S. destroyer in the Taiwan Strait in “an unsafe manner,” U.S. military officials said, as China blamed the United States for “deliberately provoking risk”...
DeSantis chooses his words carefully in escalating war with Trump

DeSantis chooses his words carefully in escalating war with Trump

Jun 3, 2023 | Elections, Politics, Top News, US

(Refiles to fix typo in word ‘want’ in para 14) By James Oliphant and Nathan Layne GILBERT, South Carolina (Reuters) – In the first full week of his 2024 presidential campaign, Florida Governor Ron DeSantis worked hard to define himself as a...
Biden cheers debt ceiling ‘crisis averted’ from Oval Office

Biden cheers debt ceiling ‘crisis averted’ from Oval Office

Jun 3, 2023 | Business, Economy, Elections, Politics, Top News, US

By Jeff Mason and Trevor Hunnicutt WASHINGTON (Reuters) -U.S. President Joe Biden declared a “crisis averted” on Friday in his first address from the White House’s Oval Office, touting the passage of a bill to suspend the U.S. debt ceiling and avoid...
McCarthy’s moment: Debt ceiling vote secures Republican US House speaker’s standing

McCarthy’s moment: Debt ceiling vote secures Republican US House speaker’s standing

Jun 1, 2023 | Economy, Elections, Politics, Top News, US

By David Morgan WASHINGTON (Reuters) – Kevin McCarthy earned his stripes as Republican speaker of the U.S. House of Representatives on Wednesday, navigating fierce hardline opposition to pass a debt ceiling bill containing federal spending limits that President...
Factbox-What’s in the debt ceiling deal struck by Biden and McCarthy?

Factbox-What’s in the debt ceiling deal struck by Biden and McCarthy?

Jun 1, 2023 | Business, Economy, Elections, Politics, US

WASHINGTON (Reuters) – The U.S. Senate is debating a bill brokered by President Joe Biden and House Speaker Kevin McCarthy that lifts the government’s $31.4 trillion debt ceiling while imposing spending caps and cuts on Biden’s plan to boost funding...
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