President Joe Biden yesterday was in Valhalla at SUNY Westchester Community College to blast Republican-demanded spending cuts as “devastating.” This as some lawmakers are working to raise the government’s borrowing limit to avoid a potentially catastrophic U.S. default. Biden said GOP spending cuts could hurt schools and the country’s “sacred” obligations to military veterans…
WRCR market analyst Ken Mahoney of Mahoney Asset Management says he’s hopeful the two sides could come to an agreement soon…
Rockland Congressman Mike Lawler of the 17th District said he met one-on-one with the President yesterday, and encouraged him to continue meeting with House Speaker Kevin McCarthy to find common ground by working together. Back in Washington, senior White House officials and congressional aides were starting to discuss a path to avoid debt default that could come as soon as June first. Negotiators are hoping to make a deal that could unlock a vote on separate debt-ceiling legislation. Biden and Capitol Hill leaders are expected to meet again on Friday.