Schumer pans proposal pushed by McCarthy
|
Fresh off a two-week congressional recess, House Speaker Kevin McCarthy (R-Calif.) previewed the next step in the debt limit debate Monday at the New York Stock Exchange, saying a vote to raise the ceiling will take place in "the coming weeks." McCarthy said the bill will include a proposal to return discretionary funding to 2022 levels "and then limit the growth of spending over the next 10 years to 1 percent of annual growth." McCarthy said the bill won't touch Social Security or Medicare. Senate Majority Leader Chuck Schumer (D-N.Y.) criticized the proposal to extend the debt ceiling for one year and called on the Speaker to produce a concrete plan, reiterating Democrats' argument that spending cuts should be discussed during budget negotiations, not as part of raising the debt limit. "If Speaker McCarthy doesn't change his course, he could well take this country to default," Schumer said. McCarthy, for his part, blamed President Biden for the threat of default, while Schumer said he and the president would negotiate when McCarthy presents a plan. The anticipated deadline for raising the limit to avoid a default is sometime this summer. "The debt limit was last raised by Congress in late 2021, but not without a months-long game of chicken that ensnared both sides of the Senate until not long before the deadline," The Hill's Aris Folley pointed out. The cap currently sits around $31.4 trillion. |
|
|
Welcome to Evening Report! I'm Amee LaTour, catching you up from the afternoon and what's coming tomorrow. Not on the list? Subscribe here. |
|
|
- U.S. Ambassador to Russia Lynne Tracy met with detained Wall Street Journal reporter Evan Gershkovich and said he's "in good health and remains strong." It's the first time a U.S. official has had access to Gershkovich since his arrest in March.
Rep. George Santos (R-N.Y.) announced his reelection bid amid multiple investigations and calls for his resignation following scrutiny of his resume.
A judge denied a request from former President Trump's lawyers to delay the trial in the case involving allegations of defamation and sexual battery. The trial will begin as planned on April 25.
|
|
|
McConnell, Fetterman return to Senate
|
Congress returned from its two-week break with two more members present than before in the Senate. Sens. Mitch McConnell (R-Ky.) and John Fetterman (D-Pa.) are both back from absences. "Needless to say, I'm very happy to be back," McConnell, 81, said, thanking Senate colleagues "for their warm wishes." - McConnell suffered a concussion and a rib fracture during a fall on March 8.
- Fetterman checked himself into Walter Reed Medical Military Hospital in February and received treatment for clinical depression through March.
With Sen. Dianne Feinstein (D-Calif.) out due to shingles, the Democrats' majority sits at 50-49 seats. Majority Leader Chuck Schumer (D-N.Y.) hopes to temporarily replace Feinstein on the Judiciary Committee this week, a move that'd require ample Republican support. |
|
|
Jordan, Judiciary go after Bragg in Manhattan
|
The House Judiciary Committee held a field hearing in Manhattan on the topic of violent crime, where Chairman Jim Jordan (R-Ohio) criticized District Attorney Alvin Bragg. "In this country, justice is supposed to be blind, regardless of race, religion or creed. However, here in Manhattan the scales of justice are weighed down by politics. For the district attorney justice isn't blind; it's about looking for opportunities to advance a political agenda, a radical political agenda," Jordan said. Ranking Democrat Jerry Nadler (N.Y.) said committee Republicans "are using their public offices and the resources of this committee to protect their political patron, Donald Trump. ... It is, to use the chairman's favorite term, a weaponization of the House Judiciary Committee." The committee announced the field hearing shortly after the grand jury Bragg empaneled indicted Trump. Read more about the hearing here |
|
|
| Interested in tech? Sign up for The Hill's Technology newsletter, featuring the latest news from Capitol Hill to Silicon Valley. Click here to sign up
|
|
|
⚡️ 10 car models qualify for full electric vehicle tax credit
|
Ten car models qualify for the full EV tax credit and six more qualify for a partial credit under new criteria, which take effect for vehicles placed in service starting Tuesday. Read more here |
|
|
📦 Opportunities, challenges seen for home of second Amazon HQ |
The Hill's Adam Barnes looks at attitudes toward Amazon's upcoming second headquarters in Arlington, Va. From the report: "Amazon's presence in Arlington has injected both opportunities and challenges into the local housing market and the larger economy, county board member Matt de Ferranti told The Hill." |
|
|
🔴 Tennessee's Senate delegation backs Trump 2024
|
Tennessee's U.S. senators, Republicans Bill Hagerty and Marsha Blackburn, endorsed former President Trump's 2024 bid. |
|
|
"The truth about NPR's funding — and its possible future" — Howard Husock, a senior fellow in domestic policy at the American Enterprise Institute and former member of the Corporation for Public Broadcasting board of directors, appointed by President Barack Obama (Read here) "10 key questions for this week's historic UFO hearing" — Marik von Rennenkampff, former analyst with the U.S. Department of State's Bureau of International Security and Nonproliferation and an Obama administration appointee at the U.S. Department of Defense (Read here) |
|
|
568 days until the presidential election |
|
|
Tax Day! 10 a.m.: The Senate Budget Committee holds a hearing examining "tax dodging by the wealthy and big corporations." The Senate Judiciary Committee examines pending nominations. The House Homeland Security Committee holds a hearing called "The Homeland Security Cost of the Biden Administration's Catastrophic Withdrawal from Afghanistan." |
|
|
There a story you think should be getting more attention? Something people should be talking about? Drop me a line: ALaTour@thehill.com | |
|
1625 K Street NW, 9th Floor, Washington, DC 20006 | © 1998 - 2023 Nexstar Media Inc. | All Rights Reserved. |
|
|
|
If you believe this has been sent to you in error, please safely unsubscribe.
No comments:
Post a Comment