TV News LIES

With just two days to spare, President Joe Biden signed legislation on Saturday that lifts the nation’s debt ceiling, averting an unprecedented default on the federal government’s debt.

The White House announced the signing, done in private at the White House, in an emailed statement in which Biden thanked congressional leaders for their partnership.

The Treasury Department had warned that the country would start running short of cash to pay all of its bills on Monday, which would have sent shockwaves through the U.S. and global economies.

Republicans refused to raise the country’s borrowing limit unless Democrats agreed to cut spending, leading to a standoff that was not resolved until weeks of intense negotiations between the White House and House Speaker Kevin McCarthy, R-Calif.

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Donald Trump says the judge overseeing his “hush money” case should recuse himself because his daughter’s company has a “political and financial interest” in the outcome, new court papers show.

Manhattan Supreme Court Justice Juan Merchan should withdraw not only on account of his daughter’s interests, but due to his own 2020 election contributions, and because he urged former Trump Organization chief financial officer Allen Weisselberg to be a government witness, lawyers for the former president argued in papers unsealed Friday.

Merchan’s daughter is the chief operating officer of Authentic Campaigns, which helps political candidates with their online campaigns.

President Biden praised a bipartisan agreement that raised the debt ceiling and averted a calamitous debt default in a rare Oval Office speech Friday.

He outlined how close the economy was to being thrown into a recession. He said millions of Americans would have lost their jobs.

"There were extreme voices threatening to take America, for the first time in our 247 year history, into default on our national debt," the president said. "Nothing. Nothing would have been more irresponsible. Nothing would have been more catastrophic."

The nearly 15-minute address served as a victory lap for the president after the Senate passed the legislation he negotiated with House Speaker Kevin McCarthy to raise the debt ceiling for two years and cut federal spending.

"No one got everything they wanted, but the American people got what they needed," he said.

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Federal prosecutors have a 2021 audio recording of former President Donald Trump acknowledging he kept a classified Pentagon document about a possible attack on Iran after leaving the White House, CNN reported on Wednesday.

CNN did not listen to the recording but cited unidentified multiple sources describing it. Reuters was not able to confirm the report.

The recording shows Trump, who is seeking the 2024 Republican presidential nomination, understood he retained classified material after he left the White House in 2021, according to the cable television network.

Trump’s remarks indicated he would like to share the information but was aware of the limitations on his ability to declassify documents after leaving office, two sources told CNN.

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Florida Gov. Ron DeSantis and his state political action committee allegedly violated federal campaign finance laws by directing or transferring more than $80 million to a federal super PAC, Never Back Down, the nonpartisan watchdog group Campaign Legal Center says in a new complaint.

The complaint filed with the Federal Election Commission on Tuesday says DeSantis and the Florida-based PAC violated election laws prohibiting the use of soft money, which isn't subject to federal limits and reporting requirements. DeSantis announced on May 24 that he is running for the GOP presidential nomination.

"Soft money undermines federal campaign finance laws because it is, by definition, money raised and spent outside the scope of those laws," Saurav Ghosh, the Center's director of federal campaign finance reform, said in a statement. "Laws banning these funds from being used to seek federal office are there for a reason – to prevent corruption, promote transparency, and ensure that wealthy special interests can't rig the system even further in their favor."

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The special counsel investigating former President Trump’s efforts to stay in the White House after the 2020 election has issued subpoenas to staff who may have knowledge of the firing of Trump’s former cybersecurity chief, according to a new report.

Trump fired Christopher Krebs from his cybersecurity role on November 17, 2020, just days after Krebs refuted Trump’s false claims of election fraud in a statement that described the 2020 election as the most secure in American history.”

“The recent statement by Chris Krebs on the security of the 2020 Election was highly inaccurate, in that there were massive improprieties and fraud,” Trump wrote on Twitter in 2020. “Therefore, effective immediately, Chris Krebs has been terminated as Director of the Cybersecurity and Infrastructure Security Agency.”

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