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13:11Now PlayingHouse Speaker Kevin McCarthy and President Joe Biden have come to an agreement on the debt ceiling crisis. FBI director Christopher Wray refused to hand over evidence that incriminate Joe Biden from when he was vice president. Senator Lindsay Graham has a video leaked from Ukraine which made him look bad and now Russia is calling for his arrest or worse.
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Timestamps: 1:00 White House and House Speaker have breakthrough on debt ceiling
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Congress has achieved significant breakthroughs in negotiations over the debt ceiling. According to the Congressional Budget Office, if the current proposal is approved, it would be the most substantial deficit reduction legislation ever passed. This could mark a significant victory for Republicans, as the potential deficit reduction measures could involve over $2 trillion in spending cuts.
Democratic Rep. Steny Hoyer urged his fellow democrats to vote “yes” on the bill, stating “Despite these setbacks, we must save the American economy from Republicans’ irresponsible and radical plans to impose a damaging default. The failure to do so would have catastrophic impacts on every American, every family, and the global economy.”
Let me know in the comments, does the Republicans cutting $2 trillion from the federal budget help the country or will it cause catastrophic impact on every American? Let me know down below.
President Joe Biden took a different tone calling his deal with Speaker Kevin McCarthy “good news” that will finally take the prospect of a national default off the table. Furthermore, Biden pushed back against views from Democrats such as Janet Yellen who proposed removing the debt ceiling entirely. However, he claimed that he will continue to explore whether or not he could leverage the 14th Amendment in future negotiations.
FBI Director Christopher Wray has until tomorrow to hand over one document that allegedly connects former Vice President Joe Biden to a $5 million bribery scheme. The man leading the investigation, Rep. James Comer, has accused the FBI of obstruction for refusing to hand over the document that was first brought to his attention by a whistleblower. Some Republicans have claimed that Wray is trying to cover for the Biden family as he hasn’t provided the documents despite receiving a subpoena and being threatened to be held in contempt of congress.
There has been much talk about whether President Joe Biden has the mental capacity to be president another 4 years. Republicans say there are signs of dementia while democrats say he is the smartest president they’ve ever put forward.
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