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Politics Mitch McConnell

  • *Senate passes disaster aid, fiscal package; sends to House. WASHINGTON, Sept 7- President Donald Trump on Thursday embraced the idea raised by the Senate's top Democrat of ending the need for Congress to periodically raise the U.S. debt ceiling, a day after stunning fellow Republicans by striking a major debt limit and spending deal with the opposition party.

  • GOP conservatives push back against Trump's deal with Democrats

    The bill suffered a setback when it was rejected by the Republican Study Committee.

  • *Senate passes disaster aid, fiscal package; sends to House. WASHINGTON, Sept 7- President Donald Trump embraced the idea on Thursday of ending the need for periodic raises of the ceiling on U.S. debt by Congress, again siding with Democrats a day after stunning fellow Republicans by striking a deal with the opposition party on the debt limit and federal spending.

  • WASHINGTON, Sept 7- The U.S. Senate on Thursday approved $15.25 billion in aid for areas affected by Hurricane Harvey and other natural disasters, along with measures that would fund the federal government and raise its borrowing limit through Dec. 8. The 80-17 Senate vote came after the House of Representatives on Wednesday approved roughly $8 billion in...

  • Sen. Mitch McConnell and Sen. Chuck Schumer in the Oval Office on Sept. 6, 2017.

    The Senate approved a package that includes hurricane recovery funds, a debt ceiling extension and temporary government funding.

  • WASHINGTON, Sept 7- Treasury Secretary Steven Mnuchin and House of Representatives Speaker Paul Ryan expressed confidence on Thursday that Congress will pass an overhaul of the U.S. tax code by the end of this year, a major but elusive goal for President Donald Trump and his fellow Republicans. "We want America to wake up on New Year's Day 2018 with a new tax system,"...

  • The Senate was expected to vote on Thursday afternoon on the deal Trump hammered out with Democrats on Wednesday. But any bill passed by the Senate would have to go back to the House of Representatives for final approval, and the measure faced stiff opposition from House conservatives who traditionally favor strict curbs on federal spending.

  • WASHINGTON, Sept 7- A disaster-relief bill moving through the U.S. Congress grew significantly in size even as Hurricane Irma threatened Florida's coast, and the Senate was hurrying to approve the measure as early as Thursday. Senate negotiators, eyeing urgent requests from Florida officials who are expecting heavy damage from Hurricane Irma, have nearly...

  • Secretary of the Treasury Steven Mnuchin.

    Mnuchin also tells Fox Business that President Trump has not made any decisions on appointments to the Fed.

  • WASHINGTON/ ABOARD AIR FORCE ONE, Sept 6- P resident Donald Trump forged a surprising deal with Democrats in Congress on Wednesday to extend the U.S. debt limit and provide government funding until Dec. 15, embracing his political adversaries and blindsiding fellow Republicans in a rare bipartisan accord. Trump, living up to his reputation for unpredictability,...

  • WASHINGTON, Sept 6- President Donald Trump forged a surprising deal with Democrats in Congress on Wednesday to extend the U.S. debt limit and provide government funding until Dec. 15, embracing his political adversaries and blindsiding fellow Republicans in a rare bipartisan accord. Trump, living up to his reputation for unpredictability, met at the White...

  • Richard Trumka, president of the AFL-CIO

    The manufacturing council never met after it was formed and was a subterfuge to try to get rid of regulations, Richard Trumka said.

  • WASHINGTON, Sept 6- President Donald Trump, siding with Democrats over fellow Republicans, reached a deal with congressional leaders of both parties to extend the U.S. debt limit until Dec. 15 as well as avoid a government shutdown and provide disaster relief. Trump has tangled repeatedly as president with top House of Representatives Democrat Nancy Pelosi and...

  • Donald Trump

    Trump's slippery stance on DACA is just the latest in his weak negotiations, says Ben Shapiro in National Review.

  • WASHINGTON, Sept 6- U.S. Senate Majority Leader Mitch McConnell said on Wednesday he supports fellow Republican President Donald Trump's deal with Democratic congressional leaders to extend the U.S. debt ceiling and fund the government into December in legislation that would provide relief for victims of Hurricane Harvey. "That's what I will be offering,...

  • WASHINGTON, Sept 6- The U.S. House of Representatives on Wednesday approved roughly $8 billion in initial emergency aid for relief and rebuilding after Hurricane Harvey, which tore into Texas on Aug. 25. The House-passed measure, which provides $7.4 billion for the Federal Emergency Management Agency and $450 million for the Small Business Administration,...

  • President Donald Trump

    Trump says he still wants to get to a 15 percent top corporate tax rate even though no one thinks that's possible, Politico's Ben White says.

  • NEW YORK, Sept 6- Interest rates on U.S. Although Republican House Speaker Paul Ryan called that idea "ridiculous" his Senate counterpart, Mitch McConnell, said it is critical for Congress to pass disaster relief, prevent a default and keep the government operating. At 12:02 a.m., interest rates on T-bills due on Oct. 5 fell over 17 basis points to 1.075 percent, its...

  • Trump met at the White House with congressional leaders from both parties, with lawmakers facing several pressing legislative priorities. "We have many, many things that are on the plate," Trump told reporters at the beginning of a White House meeting with the congressional leaders heading into what promises to be frantic weeks of legislative work.

  • WASHINGTON, Sept 6- Republican and Democratic congressional leaders on Wednesday clashed over raising the nation's debt limit and the fate of 800,000 young adults brought into the United States illegally as children, ahead of a meeting at the White House with President Donald Trump. Trump on Tuesday gave Congress six months to pass legislation to decide the...