Town Hall News

By Steve Holland and Jarrett Renshaw WASHINGTON (Reuters) – U.S. President Joe Biden and House Republican Speaker Kevin McCarthy on Saturday reached an agreement in principle to lift the debt ceiling that would trim some U.S. federal spending. While the bill is still being written, the general contours of the deal have been described by Democrat and Republican sources. Here’s what we know so far: A CAP ON DISCRETIONARY SPENDING […]

By Steve Holland and Jarrett Renshaw WASHINGTON (Reuters) – U.S. President Joe Biden and House Republican Speaker Kevin McCarthy on Saturday reached an agreement in principle to lift the debt ceiling that would trim some U.S. federal spending. While the bill is still being written, the general contours of the deal have been described by Democrat and Republican sources. Here’s what we know so far: A CAP ON DISCRETIONARY SPENDING […]

By Steve Holland, Gram Slattery and Katharine Jackson WASHINGTON (Reuters) -U.S. President Joe Biden and top congressional Republican Kevin McCarthy reached a tentative deal to raise the federal government’s $31.4 trillion debt ceiling on Saturday evening, ending a months-long stalemate. However, the deal was announced without any celebration, in terms that reflected the bitter tenor of the negotiations and the difficult path it has to pass through Congress before the […]

WASHINGTON (Reuters) – U.S. President Joe Biden and top congressional Republican Kevin McCarthy have reached a tentative deal to raise the federal government’s $31.4 trillion debt ceiling, ending a months-long stalemate. Here are some quotes from the announcement and reactions to the news: DEMOCRATIC PRESIDENT JOE BIDEN “Earlier this evening, Speaker McCarthy and I reached a budget agreement in principle. “It is an important step forward that reduces spending while […]

LONDON (Reuters) -Britain’s automated border control gates have returned to normal operation, the Home Office said on Saturday, after a nationwide system issue caused major delays. Images posted on social media earlier showed long queues of hundreds of people at London’s Heathrow and Gatwick airports, with frustrated passengers complaining of having to wait several hours in line. “Following a technical border system fault which affected e-gate arrivals into the UK, […]

By David Lawder DETROIT (Reuters) – The United States “won’t tolerate” China’s effective ban on purchases of Micron Technology memory chips and is working closely with allies to address such “economic coercion,” U.S. Commerce Secretary Gina Raimondo said on Saturday. Raimondo told a news conference after a meeting of trade ministers in the U.S.-led Indo-Pacific Economic Framework talks that the U.S. “firmly opposes” China’s actions against Micron. These “target a […]

By David Lawder DETROIT (Reuters) – Trade ministers of 14 countries in the U.S.-led Indo-Pacific Economic Framework (IPEF) talks “substantially completed” a deal to make supply chains more resilient and secure, the Commerce Department said on Saturday, marking the first tangible results of the year-long negotiations. U.S. Commerce Secretary Gina Raimondo told a press conference in Detroit that the “first of its kind” agreement calls for countries to form a […]

By Brad Brooks and Maria Caspani LUBBOCK, Texas (Reuters) -The Texas House on Saturday voted to impeach Attorney General Ken Paxton, a conservative firebrand and ally of former President Donald Trump who has been accused by his fellow Republicans of abuse of office. In historic proceedings, the 149-member House voted 121-23 to impeach Paxton after hours of debate during which the chamber heard speeches from supporters and opponents of impeachment. […]

By Steve Holland, Gram Slattery and Katharine Jackson WASHINGTON (Reuters) -U.S. President Joe Biden and top congressional Republican Kevin McCarthy have reached a tentative deal to raise the federal government’s $31.4 trillion debt ceiling, ending a months-long stalemate. However, the deal was described in terms that indicated it may not be absolute, and without any celebration — an indication of the bitter tenor of the negotiations, and the difficult path […]