Biden calls House Speaker Kevin McCarthy an 'honest man,' but says he 'just about sold away everything' to appease far-right Republican lawmakers

Tech Insider : Politics, Economy
Biden McCarthy
President Joe Biden walks past House Speaker Kevin McCarthy of California after the GOP leader introduced him to speak at a Friends of Ireland Caucus St. Patrick's Day luncheon in Washington, DC, on March 17, 2023.

AP Photo/Alex Brandon

Stocks will have to plummet like in 2008 for the GOP to raise the debt ceiling, House Democrat says

Tech Insider
Rep. Jim Himes (D-CT).
Rep. Jim Himes.

Joshua Roberts-Pool/Getty Images

Millions of student-loan borrowers will experience 'devastating' delays in debt relief if a GOP proposal to cut spending goes through, Biden's Education Secretary says

Tech Insider : Economy, Politics
President Joe Biden and Education Secretary Miguel Cardona
U.S. President Joe Biden, joined by Education Secretary Miguel Cardona, speaks on student loan debt in the Roosevelt Room of the White House August 24, 2022 in Washington, DC.

Alex Wong/Getty Images

Republicans reportedly want to cut $150 billion in 'woke' spending for things like education and healthcare in a plan engineered by Trump's old budget chief

Tech Insider : Economy, Politics
OMB Acting Director Russell Vought
Acting Director of Office of Management and Budget Russell Vought speaks during a news briefing at the White House.

Alex Wong/Getty Images

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