Iranian President Ebrahim Raisi, the country’s foreign minister and others have been found dead at the site of a helicopter crash after an hourslong search through a foggy, mountainous region of the country’s northwest, state media reported.

Iran's President Raisi confirmed dead in helicopter crash

The North Carolina Senate voted along party lines Wednesday to ban anyone from wearing masks in public for health reasons, following an emotional debate about the wisdom of the proposal.


NC Senate votes to ban people from wearing masks in public for health reasons

Protestors gather in Graham 

A year later, the full impact of the North Carolina abortion law is becoming clearer for both supporters and opponents.

A year later, impact from NC's 12-week abortion ban coming into focus

Ultrasound

All assets associated with the tag: debt ceiling

Debt ceiling Coverage

In a May 12 tweet, House Minority Leader Hakeem Jeffries, D-N.Y., wrote: "Trump ran up more debt than any other President in American history."

Fact check: Did Donald Trump rack up more debt than any other president?

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A look at how North Carolina members of Congress voted during the previous week.

How they voted: NC congressional votes for the week ending June 1

U.S. Capitol

President Joe Biden addresses the nation from the Oval Office after Congress voted to cut spending and extend the debt ceiling for two years.

<p>Americans when I ran for president, I was told the days of bipartisanship are over and the Democrats and Republicans can no longer work together. But I refuse to believe that because America can never give into that way of thinking. Look, the only way American democracy can function is through compromise and consensus. And that's what I work to do as your president, you know, to forge bipartisan agreement where it's possible and where it's needed. I've signed more than 350 bipartisan laws thus far, almost 2.5 years, including the historic law that rebuilding America so that we can rank number one in the world in infrastructure instead of where we're ranked now number 13 in the world, another historic law, rebuilding our manufacturing base. So that will lead the world once again in making semiconductor chips so much more and so so many more and so many more sophisticated ones. And now a bipartisan budget agreement. This is vital because it's because it's essential to the progress we made over the last few years is keeping full faith and credit of the United States of America and passing a budget that continues to grow our economy and reflects our values as a nation. That's why I'm speaking tonight to report on the crisis of verdict and what we're doing to protect America's future. Passing this budget agreement was critical. The stakes could not have been higher if we had failed to reach an agreement on the budget. There were extreme voices threatening to take America for the first time in our 247 year history and to default on our national debt, nothing, nothing would have been more irresponsible. Nothing would have been more catastrophic. Our economy would have been thrown into a recession. Retirement accounts for millions of Americans would have been decimated. Eight million Americans would have lost their jobs. Default would have been have destroyed our nation's credit rating which would have made everything from mortgages to car loans, to funding for the government much more expensive. And it would have taken years to climb out of that hole. And America standing as the most trusted, reliable financial partner in the world would have been shattered. So it was critical to reach an agreement and it's very good news for the American people. No one got everything they want but the American people got what they needed. We averted an economic crisis, an economic collapse. We're cutting spending and bringing the deficits down. At the same time. We're protecting important priorities from social security to Medicare, to Medicaid, to veterans, to our transformational investments in infrastructure. And clean energy. I want to commend Senator Speaker mccarthy, you know, uh he and I uh we and our teams, we were able to get along and get things done. We were straightforward with one another. Completely honest with one another, respectful with one another. Both sides operated in good faith. Both sides kept their word. And I also want to commend other congressional leaders, house minority leader, Jeffries, Senate majority leader Schumer Senate, minority leader mcconnell, they acted responsibly and put the good of the country ahead of politics. The final vote in both chambers was overwhelming. Far more bipartisan than anyone thought was possible. So I want to thank the members of Congress who voted to pass this agreement, which I'm gonna sign tomorrow and become the law. So here's what the deal does. First, it cuts spending and over the next 10 years, the deficit will be cut by more than $1 trillion and that will be on top of the record 1.7 trillion $1.7 trillion. I already cut the deficit in my first two years in office and it's clear we're all in a much more fiscally responsible course than the one I inherited when I took office. Four years ago, when I came to office, the deficit had increased every year, the previous four years and nearly $8 trillion were added to the national debt in the last administration. And now we're turning things around and that's good for America. You know, my dad used to have an expression. He said, Joey, don't tell me what you value, show me your budget. I'll tell you what you value. That's at the heart of this debate. What do we value protecting seniors? You may remember during my State of the Union address, there was, there was a spirit exchange between me and a few Republicans spontaneously occurring on the floor of the House of Representatives. I was pointing out that for years, some of them were putting forward proposals to cut Social Security Medicare and some of them that night took exception and they said very loudly that that wasn't true. So I asked them on the floor at that night, I said, ask them a simple question. Will you agree not to cut social security not to cut Medicare? Would they agree to protect these essential programs? A lifeline for millions of Americans programs that these Americans have been paying into every single paycheck they've earned since they started working. And that provides so much peace of mind with the bright lights and cameras on those few Republicans who were protesting, they agreed, they said they wouldn't cut it. That's how we protected Social Security Medicare from the beginning and from a being cut period, health care was another priority for me. A top priority. I made it clear from the outset, I would not agree to any cuts in Medicaid, another essential lifeline for millions of Americans, including Children in poverty, the elderly, in nursing homes and Americans living with disabilities. The original House Republican proposal would have cut health care for up to 21 million Americans on Medicaid. And I said no, and Medicare is protected and so are millions of people most in need. Look, I've long believed that the only one truly sacred obligation that the government has is to prepare those we send into harm's way and care for them and their families when they come home and when they don't come home, that's why my last budget provided va hospitals with additional funding for more doctors, nurses and equipment to accommodate the needs of veterans and more appointments. The House Republican plan would have met 30 fewer million va health care visits for our veterans. We didn't let that happen. In addition, this bill fully funds the bipartisan Pact Act. The most significant law in decades for veterans exposed to toxic burn pits and for their families expands access to those veterans and their families, to health care and to disability benefits. Look, we're investing in America in our people and in our future, we've created over 13 million new jobs. Nearly 800,000 manufacturing jobs. Where is it written? And America can't lead the world again. In manufacturing, unemployment is at 3.7% more Americans are working today than ever in the history of this country. And inflation has dropped 10 straight months in a row. In this debate, I refused to put what was responsible for all this economic progress on the chopping block. This bipartisan agreement protects the law that will help us build the best infrastructure in the world, fully protects the Chips and Science Act, which is going to bring key parts of our supply chain to America. So we don't have to rely on others like semiconductors, those tiny computer chips smaller than the tip of your finger that affect nearly everything we rely on from cell phones to having building automobiles, to the most sophisticated weapon systems. And so much more, we protected another law that I passed and signed last year that finally beat Big Pharma, which I've been trying to do for over 30 years. It finally gives Medicare the power to negotiate lower drug prices just like the VA has been able to do for veterans. This law has already dramatically cut the cost of insulin for seniors from as much as $400 a month to just $35 a month for insulin negotiating lower drug prices, not only saves seniors a lot of money, it saves the country, a lot of money, 100 and $60 billion. That's not having to be paid out because we're drug prices are more rational. We pay the highest drug prices of any industrial nation in the world. And it's just the beginning, you know, we also protected the most significant breakthrough ever ever in dealing with the existential threat of climate change. Today, new wind and solar power is cheaper than fossil fuel since I've been in office, clean energy and advanced manufacturing have brought in $470 billion in private investment that's going to create thousands of jobs, good paying jobs all across this country and help the environment. At the same time. Remember at the beginning of this debate, some of our Republican colleagues are determined to get the clean energy investments. I said, no, we kept them all and there's more and there's so much more to do. We're going to do even more to reduce the deficit. We need to control spending if we're going to do that. But we also have to raise revenue and go after tax cheats and make sure everybody is paying their fair share. No one, I promise no one making more less than $400,000 a year will pay a penny more in federal taxes. But like most of you at home, I know the federal tax system isn't fair. That's why I kept my commitment again, that no one earning less than $400,000 a year will pay a penny more in federal taxes. That's why last year I secured more funding to go more IRS funding to go after wealthy tax cheats the nonpartisan congressional budget office and it is nonpartisan says that this bill will bring in 100 and $50 billion and other outside experts expect that it would save as much as $400 billion because it's forcing people to pay their fair share. Republicans may not like it, but I'm gonna make sure the wealthy pay their fair share. I'm also proposed closing over a dozen special interest tax loopholes for big oil crypto traders, hedge fund billionaires saving taxpayers billions of dollars. Repub Republicans defended every single one of these special interest loopholes, every single one, but I'm going to be coming back and with your help, I'm going to win right now. Catch this right now. The average billionaire in America pays just 8% in federal taxes. 8% teachers and firefighters pay more than that. That's why I proposed a minimum tax for billionaires. Republicans are against it, but I'm gonna keep fighting for it. No billionaire should pay less in federal taxes than the teacher or firefighter. Look, let me close with this. I know bipartisanship is hard and unity is hard, but we can never stop trying because in moments like this one, the ones we just faced where the American economy and the world economy is at risk of collapsing. There's no other way, no matter how tough our politics gets. We see each other as not as adversaries, but as fellow Americans treat each other with dignity and respect to join forces as Americans to stop shouting lower the temperature and work together to pursue progress, secure prosperity and keep the promise of America for everybody. As I've said, my inaugural address without unity, there is no peace, only bitterness and, and fury and we can never become that country. I can honestly say I can honestly say to you tonight that I've never been more optimistic about America's future. We just need to remember who we are. We are the United States of America and there's nothing, nothing we can't do when we do it together. So, thank you all for listening, taking the time tonight to listen to me. May God bless you all and may God protect our troops. Thank you.</p>

President Biden delivers speech about debt ceiling deal from Oval Office

Biden delivers speech about debt ceiling deal from Oval Office

Republican House Speaker Kevin McCarthy said May 28 on "Fox News Sunday" that "every study has shown, when you do that (impose work requirements), it puts more people to work."

Fact check: McCarthy says welfare work requirements boost employment

PolitiFact: Mostly False

Thursday, June 1, 2023 -- Capitol Broadcasting Company's editorial cartoonist.

DRAUGHON DRAWS: Ceiling falls in on "Freedom" Caucus

The debt ceiling bill cleared a key procedural hurdle, setting up a final vote tonight, as House Speaker Kevin McCarthy faces criticism from far-right members over the deal.

US House to vote on debt ceiling

With the nation's first-ever default looming in days, the House is on track to begin consideration of a plan to defer the nation's borrowing limit for two years.

US House debates debt ceiling deal

WASHINGTON — A bipartisan deal to suspend the federal debt ceiling advanced on Tuesday night toward a climactic House vote despite a rebellion by hard-right Republicans who said the party was squandering a chance to force fundamental changes in government spending.

GOP Revolts Over Debt Limit Deal as Bill Moves Toward a House Vote

Republicans in Revolt Over Debt Limit Deal as Bill Faces First Test

The race to get the bi-partisan agreement to raise the debt ceiling across the finish line is in high gear. Both President Biden and House Speaker Kevin McCarthy are trying to secure support within their respective parties.

With a bipartisan deal to avoid a government default reached. The focus is now on securing enough votes to get the bill through Congress. I spoke to mcconnell, I spoke to a whole bunch of people and it feels good. The two year deal suspends the nation's borrowing limit until early 2025 holds non defense spending flat next year with a 1% increase in 2025 while bumping up military spending something President Biden wanted. I think President Biden did about the best he could do in a very difficult situation. Republicans are touting wins including a new congressional budget office estimate projecting the deal would cut spending more than anticipated, but Democrats aren't happy about the deal's expanded work requirements for federal food stamp recipients. I feel like we are being held hostage. We should be in regular order. We should never be in this position again and yet I cannot and will not be a rubber stamp. Some hard line. Republicans also voice concerns. Now they're going to be detractors despite pushback. There's optimism, it's going to get through the house, it's going to get through the Senate, it's going to be signed in a law by the president. The race is on for Congress to secure votes and get the debt ceiling bill to the president's desk before the June 5th default deadline in Washington. Bree Jackson NBC News and the Rules Committee meets today to process the debt ceiling bill and the measure is expected to go to the house for a vote on Wednesday in Washington, Brie Jackson NBC News.

What's next for the debt limit deal

What’s next for the debt limit deal

With the deadline to avoid default approaching President Biden is now saying the debt ceiling deal with House Speaker Kevin McCarthy is ready to move to Congress.

RECENTLY AS LAST WEEK OF BRICKS FALLING OFF THAT BUILD. >> BRIAN, THANKS FOR THAT UPDATE. THE DEADLINE TO AVOID DEFAULT IS APPROACHING AND PRESIDENT BIDEN IS NOW SAYING THE DEBT CEILING DEAL WITH HOUSE SPEAKER KEVIN MCCARTHY. HE'S READY TO MOVE TO CONGRESS TOMORROW. THE HOUSE RULES COMMITTEE WILL CONSIDER THE DEAL BEFORE A VOTE ON WEDNESDAY. NBC'S KELLY O'DONNELL BREAKS DOWN. WHAT'S IN THE MEASURE? >> WE'VE GOT GOOD NEWS THAT. >> THIS MORNING, A CRITICAL BREAKTHROUGH, A PLAN THAT WOULD AVERT A CATASTROPHIC FIRST IN HISTORY. DEFAULT BY SUSPENDING THE NATION'S BORROWING LIMIT UNTIL EARLY 2025. AND TIGHTENING FEDERAL SPENDING. >> WE'VE REACHED A BIPARTISAN BUDGET AGREEMENT. THAT ARE READY TO MOVE TO THE FULL CONGRESS. >> THE TENTATIVE DEAL FOLLOWS DAYS OF INTENSE BACK AND FORTH. NEGOTIATIONS BETWEEN PRESIDENT BIDEN, HOUSE SPEAKER KEVIN MCCARTHY AND THEIR TEAMS. THE RESULT IS A COMPROMISE THAT CONGRESS MUST STILL VOTE TO APPROVE SO THE DRAMA IS NOT YET OVER. >> SO IT'S NOT 100% WHAT EVERYBODY WANTS. WHEN YOU LOOK, THE COUNTRY IS GOING TO BE STRONGER. >> THE AGREEMENT WOULD HOLD NON-DEFENSE FEDERAL SPENDING ROUGHLY FLAT FOR 2024. WITH A ONE PERCENT INCREASE FOR 2025. EXPAND SOME WORK REQUIREMENTS FOR RECIPIENTS OF FEDERAL FOOD ASSISTANCE. SNAP BENEFITS UNTIL 2030. BUT EXEMPTS VETERANS AND THE HOMELESS UNSPENT COVID FUNDING ABOUT 30 BILLION DOLLARS WOULD BE CLAWED BACK 20 BILLION DOLLARS FROM THE IRS WOULD BE SHIFTED TO MEET OTHER GOVERNMENT NEEDS THE PLAN. ALSO FUNDS VETERANS, MEDICAL CARE AND KEEPS STUDENT DEBT RELIEF. LAWMAKERS WILL NOW BE ABLE TO READ THE 99 PAGE BILL WITH A HOUSE VOTE EXPECTED WEDNESDAY. DEMOCRATS, PROGRESSIVE CAUCUS WITH A MIXED REACTION. >> I'M NOT HAPPY WITH SOME OF THE THINGS I'M HEARING ABOUT. BUT THEY ARE NOT CUTTING THE DEFICIT AND THEY ARE NOT CUTTING SPENDING WHILE BOTH THE WHITE HOUSE AND SPEAKER LOOKING TO CLAIM PIECES OF VICTORY. >> WE DID A CONFERENCE CALL WITH OUR CONFERENCE IS OVER. 95% WERE OVERWHELMINGLY EXCITED ABOUT WHAT THEY SEE. I HAVE NO TO EXPECT HE DOES. >> I DON'T THINK HE WOULD HAVE MADE THE AGREEMENT. >> KELLY O'DONNELL REPORTING TREASURY SECRETARY JANET YELLEN SAID AFTER CRUNCHING THE

Congress to vote Wednesday on deal to extend debt limit

U-S leaders are hopeful they will reach agreement on the Debt ceiling this weekend.
Friday afternoon, Treasury Secretary Janet Yellen EXTENDED the deadline to June 5th.

FIND ANY EXPLOSIVES AND REOPEN THE AREA BY 11, 30. >> U.S. LEADERS ARE HOPEFUL THEY WILL REACH AGREEMENT ON THE DEBT CEILING. THIS WEEKEND. WITHIN THE LAST HOUR, TREASURY SECRETARY JANET YELLEN EXTENDED THE DEADLINE TO JUNE 5TH. IT WAS JUNE FIRST TALKS RESUME TODAY BETWEEN PRESIDENT BIDEN AND REPUBLICAN HOUSE SPEAKER KEVIN MCCARTHY AND BOTH SIDES SAY THEY ARE CLOSE TO REACHING A DEAL. THE SOX LIKED IT. CERTAINLY. LET'S TAKE A LOOK AT HOW IT CLOSED OUT THE WEEK. THE DOW CLOSING UP 328 POINTS. THE S AND P UP. 54 POINTS. THE NASDAQ UP 2 HITS AT 77.