Supporters, detractors make their case ahead of debt limit vote
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Lawmakers are making their arguments for and against the debt ceiling agreement reached between President Biden and House Speaker Kevin McCarthy (R-Calif.) ahead of an initial vote Tuesday. The deal would suspend the debt ceiling until January 2025, impose spending caps for two years, increase work requirements for some assistance programs, and more. Ahead of a House vote expected Wednesday evening, the House Rules Committee is voting Tuesday on the rule that will dictate debate over the measure. The conservative House Freedom Caucus held a press conference urging opposition, while Senate Majority Leader Chuck Schumer (D-N.Y.) endorsed the proposal. Read more about what's in the House bill here. From the Freedom Caucus: Rep. Chip Roy (R-Texas) said at a press conference that "not one Republican should vote for this deal," which he previously said included "no serious substantive policy reforms." One caucus member at the press conference, Rep. Dan Bishop (R-N.C.), said he'd support a motion to oust McCarthy as Speaker over the deal, though he stopped short of saying he'd file a motion to vacate. "I'll decide that in conjunction with others," Bishop said. From Schumer: "Nobody is getting everything they want," the Senate majority leader said Tuesday. "There's give on both sides. But this agreement is the responsible, prudent and very necessary way forward." Schumer said he'll "make sure the Senate moves quickly the moment this bipartisan bill is sent to us by the House." Senate Minority Leader Mitch McConnell (R-Ky.) endorsed the deal over the weekend. Timeline: Leaders are hoping to get the debt limit suspension passed by Monday — Treasury Secretary Janet Yellen's updated estimate for when the U.S. would default on its debts without a debt limit fix. Further reading: |
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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. |
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- The Carter Center announced that former first lady Rosalynn Carter, 95, has been diagnosed with dementia, saying in a statement, "We hope sharing our family's news will increase important conversations at kitchen tables and in doctor's offices around the country."
Rep. Alexandria Ocasio-Cortez (D-N.Y.) tweeted about "a fake account on here impersonating me and going viral."
The series finale of HBO's "Succession" — loosely based on the Murdoch family that owns Fox News, The Wall Street Journal and other media properties — netted a series-high 2.9 million viewers.
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DeSantis campaigns in Iowa
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Newly minted GOP presidential candidate Ron DeSantis is campaigning on Tuesday and Wednesday in Iowa, which holds the first 2024 Republican nominating contest. "The Florida governor will campaign Tuesday at Eternity Church in Clive, Iowa, in a bid to appeal to the state's Evangelical voters," The Hill's Julia Manchester wrote. Sen. Joni Ernst (R-Iowa) tweeted Tuesday that DeSantis will also be in Iowa on Saturday for her annual "Roast and Ride" event. Former United Nations Ambassador Nikki Haley, South Carolina Sen. Tim Scott and businessman Vivek Ramaswamy are among the other 2024 candidates who will be there. |
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McCarthy threatens contempt charges against FBI director
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House Speaker Kevin McCarthy (R-Calif.) said he'd move contempt charges against FBI Director Christopher Wray if he doesn't provide documents House Oversight Committee Chairman James Comer (R-Ky.) subpoenaed. Tuesday is the deadline for Wray to provide the documents. Comer claimed the documents contain information on "an alleged criminal scheme involving then-Vice President Biden and a foreign national relating to the exchange of money for policy decisions." Read more here |
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© AP Photo/Patrick Semansky |
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U.S. sanctions entities, individuals over illicit pill production
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The U.S. sanctioned several entities and individuals in China and Mexico for alleged involvement in the illicit production of pills "often laced with fentanyl, frequently destined for U.S. markets," the Treasury Department announced. |
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Air travel topped pre-pandemic levels over holiday weekend |
The Transportation Security Administration (TSA) screened around 9.8 million people at airports over the four-day Memorial Day weekend, with air travel topping pre-pandemic levels. |
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Americans' $1 trillion credit card debt
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Americans have around $1 trillion in credit card debt, up from under $750 billion in the spring of 2021. From The Hill's Daniel de Visé: "Just two years ago, the national credit card narrative seemed headed in the opposite direction." Read more here |
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"Minor miracle: Conservatives got a win out of a debt-ceiling showdown" — Mick Mulvaney, a contributor to NewsNation and former director of the Office of Management and Budget, director of the Consumer Financial Protection Bureau and acting White House chief of staff under President Trump. (Read here) "Press: 2024 is looking a lot like 2016 and 2020" — Bill Press, host of "The Bill Press Pod" and author of "From the Left: A Life in the Crossfire." (Read here) |
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525 days until the presidential election. |
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10 a.m.: The Senate Judiciary Committee holds a hearing examining immigrant workers. The Senate Committee on Health, Education, Labor and Pensions holds a hearing on child care. 2 p.m.: The Hill hosts its "Economic Snapshot: CEO Summit" (RSVP here) 2:15 p.m.: The Senate Foreign Relations Committee holds a hearing "to examine accountability for Russian atrocities in Ukraine." Wednesday evening: The House votes on the Fiscal Responsibility Act of 2023. |
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There a story you think should be getting more attention? Something people should be talking about? Drop me a line: ALaTour@thehill.com |
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