Debt ceiling: Biden 'confident' there will be no default

Negotiators are racing to beat a deadline of June 1, which is when the Treasury Dept. said the U.S. could begin defaulting on its debts for the first time in history and risk financial catastrophe.

Debt Ceiling: Deal possible by end of week, McCarthy says; Biden cuts short upcoming foreign trip
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Crucial debt ceiling negotiations are still far from success, but a deal is possible by the end of the week, Republican House Speaker Kevin McCarthy said after a brief meeting Tuesday with President Joe Biden and other congressional leaders at the White House.

Biden optimistic on debt ceiling deal, McCarthy skeptical
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President Biden expresses optimism regarding the possibility of reaching a deal to raise the debt ceiling. However, House Speaker Kevin McCarthy believes that both sides are still far apart in their positions.

Biden likely to resume debt limit talks on Tuesday

The nation continues to edge closer to its legal borrowing authority with no agreement in sight. The Treasury Department has said the government could exhaust the ability to pay its bills as early as June 1.

EPA proposes crackdown on power plant carbon emissions
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The Biden Administration is gearing up for a major environmental fight with the formal announcement of new regulations on power plants.

Dishwashers getting hung out to dry with new federal regulations
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The Biden Administration has come out with additional environmental mandates that are set to take effect in the next few years.

Joe Biden, GOP must decide what’s on the table in debt limit meeting

As the deadline for raising the debt ceiling approaches, President Joe Biden and Republicans must come to an agreement on what measures to take to avoid defaulting on the national debt.

New rules look to protect airline passengers
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In a move to protect passengers, the White House is working on new regulations that would require airlines to pay-up for flight delays and cancelations.

US House passes Republican debt ceiling bill, push Biden on spending

House Republicans have narrowly passed a sweeping debt ceiling package as they try to push President Biden into negotiations on federal spending.

US to dock nuclear submarines in South Korea for first time in decades

North Korea’s increasing nuclear threats, along with concerns about China’s assertiveness in the region, have pushed the Biden administration to expand its Asian alliance.

Biden officially launches 2024 presidential campaign

President Joe Biden formally announced on Tuesday that he's running for reelection, asking voters to give him more time to "finish the job."

Takeaways from Joe Biden's reelection announcement
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President Joe Biden formally announced on Tuesday that he's running for reelection, asking voters to give him more time to "finish the job."