WATCH LIVE: Office of Management and Budget director joins White House press briefing

  • 📰 dcexaminer
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 94%

Loans Loans Headlines News

Loans Loans Latest News,Loans Loans Headlines

The director of the Office of Management and Budget will join the White House press briefing on Tuesday ahead of debt ceiling discussions.

Director Shalanda Young will speak at the briefing with press secretary Karine Jean-Pierre as the House of Representatives prepares to vote on the debt ceiling agreement on Wednesday. The deal is undergoing review by the House Rules Committee after President Joe Biden and House Speaker Kevin McCarthy agreed on a debt ceiling plan on Sunday.

About a dozen Republicans from both chambers of Congress have said they will vote"no" on the agreement, meaning McCarthy and Biden will need to lean on Democrats to secure its passage.Treasury Secretary Janet Yellen most recently projected that the government has until June 5 before it could start running dry on cash to meet its obligations if no debt limit hike occurs. The original"X-date" was June 1.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in LOANS

Loans Loans Latest News, Loans Loans Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bipartisan budget deal will leave new Congress, possible new president facing renewed budget debateThe bipartisan budget deal between President Biden and House Republicans will raise the debt limit until January 2025, when a new Congress and possible new president will take office.
Source: FoxBusiness - 🏆 458. / 53 Read more »