IPORC Watch Live IP Direct Tags Schedule April 20, 2024

Kevin McCarthy

Iranpress: World Newspapers: McCarthy’s deal for gavel raises fears on debt limit

World Newspapers: McCarthy’s deal for gavel raises fears on debt limit

Sunday, 08 January 2023 21:15

The US federal government spends far more money each year than it receives in revenues, producing a budget deficit that is projected to average in excess of $1 trillion a year for the next decade. Those deficits will add to a national debt that topped $31 trillion last year. Administration officials have given no indication that they would negotiate with Republicans over a debt-limit increase at all — nor that they were preparing to act unilaterally to bypass the debt ceiling, as some progressives have pushed for, in the event of a House speaker refusing to put a debt-limit increase to a vote without steep spending cuts. 214

Iranpress: American democracy fading

American democracy fading

Sunday, 08 January 2023 19:54

Iran Press (IP) - The election of the Speaker of the US House of Representatives once again called American democracy into question. Holding fifteen rounds of voting to elect a new speaker showed the peak of the political challenge in the country.

Iranpress: World Newspaper: Never-ending struggle comes to an end - McCarthy is speaker

World Newspaper: Never-ending struggle comes to an end - McCarthy is speaker

Saturday, 07 January 2023 21:25

Republican Kevin McCarthy was elected speaker of the US House of Representatives early on Saturday; following his excruciating defeat in 14th round, opponents give in after midnight. 224

Iranpress: Kevin McCarthy elected Republican US House speaker

Kevin McCarthy elected Republican US House speaker

Saturday, 07 January 2023 10:43

IP- Republican Kevin McCarthy was elected speaker of the US House of Representatives early on Saturday, after making extensive concessions to a group of right-wing hardliners that raised questions about the party's ability to govern.

<< < 1 > >>