McConnell cuts deal with Democrats on new plan to avoid default
CNN
Senate Majority Leader Chuck Schumer and Senate Minority Leader Mitch McConnell have reached an agreement to create a one-time process that would let Democrats raise the debt ceiling on their votes alone, a deal that underscores the lengths the GOP leader will go to avoid a damaging default without Republican support to increase the national borrowing limit.
The new legislation, if passed in the House and advanced with 60 votes in the Senate, would create a temporary fast-track process to allow Senate Democrats to act on their own to increase the debt limit with 51 votes. The legislation outlines that Congress would have to specify the exact dollar amount of a new national debt limit -- likely north of $30 trillion. The fast-track process would expire after January 15.
The House will vote on Tuesday to pass the legislation to set up the debt limit process, Speaker Nancy Pelosi announced.
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A federal judge said Thursday that she will prevent the Trump administration from ordering hundreds of thousands of Cubans, Haitians, Nicaraguans and Venezuelans with temporary legal status to leave the country later this month.
Brazil’s former President Jair Bolsonaro has been hospitalized after experiencing “severe abdominal pain,” his son Carlos said on X on Friday.
Ecuadorians will head to the polls on Sunday in a runoff presidential election, choosing between a conservative incumbent or a leftist lawyer as the country struggles with a cocaine-fueled security crisis.
Ecuadorians will head to the polls on Sunday in a runoff presidential election, choosing between a conservative incumbent or a leftist lawyer as the country struggles with a cocaine-fueled security crisis.
The US announced it removed the commander of the Pituffik Space Base in Greenland on Thursday because of a “loss of confidence in her ability to lead,” after Vice President JD Vance’s controversial visit to the semiautonomous island last month.
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Trump’s economic team of rivals braces for turbulence after doing little to curb his tariff appetite
President Donald Trump is happy to talk about the financial markets when they’re rising, as they were on Wednesday, but when markets were falling Thursday in the aftermath of his remarkable turnabout on tariffs, he punted to the closest adviser around.
A sightseeing helicopter plunged from the sky into the Hudson River on Thursday, turning a family outing above Manhattan’s misty skyline into a tragedy.
Four House members from competitive districts — two Republicans and two Democrats — offered a preview of congressional budget battles and the midterm election season to come Thursday night in a CNN town hall.
The Supreme Court on Thursday required President Donald Trump’s administration to “facilitate” the return of a Maryland man mistakenly deported to El Salvador but stopped short of requiring the government to return him to the United States.
Three people people have been recovered from a helicopter that crashed in the Hudson River and taken to the hospital, according to authorities on the scene.
The White House has made clear to Chinese officials that President Xi Jinping should request a call with Trump. But Beijing has repeatedly refused to arrange a leader-level phone call.
Local authorities discovered several pieces of a human body lying on a path in the coastal city of Santa Marta on Sunday.