Safety-net programmes remain a sticking point. Read more at straitstimes.com.
WASHINGTON) - Top congressional Republican Kevin McCarthy said on Saturday he was making “progress” in negotiations with Democratic President Joe Biden on raising theTime is tight. The Treasury Department on Friday said the government would run short of funds toIt is a slightly later but firmer deadline than its prior forecast of default as early as June 1.
Hardline Republicans have threatened to block any bill that does not meet their expectations, including sharp spending cuts. It would boost spending on the military and veterans’ care, and cap spending for many discretionary domestic programmes, according to sources familiar with the talks. Mr Biden’s signature infrastructure and green-energy laws would remain intact, while the Internal Revenue Service would see its recent budget increase scaled back slightly.Republicans want to stiffen work requirements for the Medicaid health plan for the poor and the SNAP food assistance programme. Democrats say that would create more barriers for people already struggling to make ends meet.
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