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A default on the U.S. debt would be far worse than a government shutdown. Here’s how.
WASHINGTON — A U.S. default on its debt would have a significantly broader impact on federal operations, financial markets and the global economy than recent government shutdowns that have left ordinary Americans largely untouched. While the two have been confused frequently during debate over the debt limit, the federal government has had considerable practice with […]
Three-judge panel in U.S. appeals court hears arguments in abortion pill case
NEW ORLEANS — A federal appeals court panel quizzed lawyers during oral arguments Wednesday over a Texas judge’s decision that could end access to the abortion pill nationwide. Observers see the 5th Circuit Court of Appeals as a legal way station for the case, in which anti-abortion groups sued the U.S. Food and Drug Administration, […]
Some movement reported in debt limit talks as Biden cuts short overseas trip
WASHINGTON — President Joe Biden and congressional leaders struggled to find common ground on the debt ceiling during a Tuesday meeting, though lawmakers said afterward there was some progress toward a deal. Biden and U.S. House Speaker Kevin McCarthy will become the two primary negotiators on a bipartisan debt limit bill that could include other […]
Biden and congressional leaders fail to reach a debt limit deal, but will meet again Friday
WASHINGTON — President Joe Biden and top congressional leaders were unable to reach a bipartisan debt limit agreement during a closed-door meeting Tuesday, leaving the dispute unresolved as the country moves closer to a default predicted as soon as early June. White House staff and aides to the four congressional leaders, however, will meet throughout […]
Bipartisan group projects U.S. default as soon as early June, citing ‘quite low’ cash flows
WASHINGTON — The U.S. government could default as soon as next month if Congress and the Biden administration can’t reach a debt limit agreement before then, according to a new analysis from the Bipartisan Policy Center. The updated guidance, which puts the default window between early June and early August, adds pressure to President Joe […]
U.S. Supreme Court preserves access to abortion pill as lawsuit continues
WASHINGTON — The abortion pill will remain available throughout the United States while a lawsuit over its approval and use works through the appeals process, the U.S. Supreme Court said Friday. The court issued a stay that ensures access to mifepristone nationwide, reversing lower court rulings about when and how the abortion medication should be available […]
U.S. House GOP unveils plan on debt ceiling, spending cuts; Biden slams ‘wacko notions’
WASHINGTON — U.S. House Republicans unveiled a debt limit proposal Wednesday that would lift the nation’s borrowing capacity by $1.5 trillion or suspend it through March. The bill, introduced by Speaker Kevin McCarthy, carries along with it numerous Republican initiatives that are unlikely to get the bipartisan support necessary to clear the divided Congress. That […]
McCarthy promises Wall Street House Republicans won’t vote for a stand-alone debt limit bill
U.S. House Speaker Kevin McCarthy traveled to the New York Stock Exchange on Monday to press for the Republican approach to raising the nation’s debt limit, calling on Democrats to agree to future spending cuts. McCarthy repeatedly criticized President Joe Biden and blamed him for a standoff over the debt limit that’s lasted for months. […]
U.S. Department of Justice asks appeals court to pause abortion pill ruling
WASHINGTON — The federal government on Monday asked the 5th Circuit Court of Appeals to place on hold a Texas judge’s ruling that would otherwise overturn U.S. Food and Drug Administration approval of the abortion pill. The Department of Justice’s request for an administrative stay asks the New Orleans-based appeals court to decide before noon […]
Federal judge orders abortion pill off U.S. market but immediate appeal expected
WASHINGTON — A federal judge in Texas revoked the U.S. Food and Drug Administration’s two-decade-old approval of the abortion pill Friday, though he gave the federal government seven days to appeal the case. U.S. District Court Judge Matthew Joseph Kacsmaryk’s opinion in the case, Alliance for Hippocratic Medicine v. U.S. Food and Drug Administration, can be […]
As future of abortion pill is weighed, Democrats in Congress see little they can do
WASHINGTON — U.S. Senate Democrats appear lukewarm about pursuing reproductive rights legislation in a divided Congress, even as a federal judge in Texas considers overturning access to abortion pills nationwide. Interviews by States Newsroom with Democrats who control the Senate by a narrow margin found little optimism they could counter a ruling that could potentially […]
U.S. judge rules insurers don’t have to cover many free preventive health services
WASHINGTON — Health insurance companies may no longer need to cover a wide swath of preventive health care services that were required by the 2010 Affordable Care Act, under a federal judge’s ruling issued Thursday in Texas. The decision could affect millions of Americans’ access to no-cost preventive health care — including pregnancy-related care, cancer screenings, […]