House Speaker Kevin McCarthy and President Joe Biden brokered a two-year agreement to suspend the debt ceiling, but it needs quick congressional approval before the federal government runs out of money. We’ll explain the main provisions of the bill that would cut, and increase, federal spending.
Person: Kevin McCarthy
McCarthy Is Supportive of Raskin’s Head Covering, Contrary to Online Posts
Democratic Rep. Jamie Raskin of Maryland wears head coverings on the House floor to cover his hair loss while undergoing treatment for cancer. Social media posts falsely claim that House Speaker Kevin McCarthy, a Republican, refused to allow Raskin to wear his head covering. The posts misinterpret a joke Raskin made in response to a question.
McCarthy Distorts Facts About DOJ Search of Mar-a-Lago
McCarthy Mischaracterizes Trump’s Response to Fuentes Meeting
Asked about Donald Trump’s dinner meeting attended by Nick Fuentes, a white supremacist, Rep. Kevin McCarthy claimed the former president “came out four times and condemned him.” That’s not accurate. Trump had repeatedly said he didn’t know who Fuentes was, but he stopped short of condemning him or his ideas.
Fabricated Screenshot Misrepresents GOP’s ‘Commitment to America’
House Republicans unveiled a list of policy goals called the “Commitment to America” in September. But a fabricated screenshot purporting to show the agenda has been circulating on social media. None of the items included in the image come from the agenda — although some echo proposals made by the conservative Republican Study Committee.
Republican Talking Point Omits Key Details About Stimulus Payments to Inmates
U.S. Inflation Rate at ‘Zero’ — for One Month
For the month of July, the Consumer Price Index for All Urban Customers was unchanged from June. This has triggered a war of words between Democrats, who crow about “zero percent inflation” for July, and Republicans, who say the Democrats are now trying to “deny there’s inflation.” Both have a point.
Attorney General Never Called Concerned Parents ‘Domestic Terrorists’
Republicans Mischaracterize Proposed Financial Reporting Requirement
To help detect unreported income and narrow the gap between federal taxes collected and owed, the Biden administration has proposed expanding annual reporting requirements for banks and other financial institutions to include the total amounts of money flowing in and out of all business and personal accounts worth at least $600.