John Yarmuth

Pelosi, Mnuchin appear close to spending caps, debt limit deal
Agreement would likely include a two-year extension of the debt limit and spending levels

Pelosi reiterated Tuesday her view that in addition to "parity" for nondefense and defense spending increases, funding should be added for Department of Veterans Affairs health care. (Photo By Bill Clark/CQ Roll Call)

House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin are close to making an announcement about spending caps and the debt limit.

“We have a clear understanding of what we want to agree to, and I think that's progress,” Pelosi said Tuesday afternoon after speaking with Mnuchin, who was preparing to leave Wednesday for the G-7 meeting in France. “We'll have an announcement about something soon, one way or the other.”

McCarthy pitches monthlong debt ceiling stopgap, if deal can’t be reached
He suggested a 30-day extension to avoid default in early September, if a compromise on discretionary spending caps can’t be reached

House Minority Leader Kevin McCarthy, R-Calif., is floating a fallback plan to pass a 30-day extension of the debt limit in the absence of a broader deal before the August recess. (Bill Clark/CQ Roll Call file photo)

The House’s top Republican suggested that lawmakers pass a 30-day extension of the debt ceiling to avoid default in early September, if Democrats and the White House can’t agree on compromise discretionary spending caps before leaving for the summer break.

“We should not leave for August without dealing with that. And I would say if we can’t get this done, we should do a 30-day [stopgap],” McCarthy told reporters Tuesday. He also said lawmakers ought to stay in town a few days past July 26, when House lawmakers are currently scheduled to leave town, if necessary. The Senate is slated to be in session for an extra week.

Amy McGrath will try to deny Senate Majority Leader Mitch McConnell another term
Former Marine pilot drew national attention in failed 2018 bid against Rep. Andy Barr

Amy McGrath addresses supporters in Richmond, Kentucky, after her loss to Rep. Andy Barr in 2018. (Jason Davis/Getty Images)

Amy McGrath, a retired Marine fighter pilot whose unsuccessful 2018 House campaign attracted national attention, will challenge Senate Majority Leader Mitch McConnell for his Kentucky Senate seat, she announced Tuesday.

The highly anticipated announcement keys up what is likely to be one of the most closely watched and well-funded matchups of the 2020 congressional campaign cycle, although even Democratic supporters have acknowledged that McGrath faces long odds to unseat one of the most powerful members of the GOP.

The politics behind spending limit negotiations
CQ Budget Podcast, Episode 114

House Budget Chairman John Yarmuth, D-Ky., said Democrats would be open to a one-year spending deal, but acknowledged it might create problems for getting another deal during an election year. (Caroline Brehman/CQ Roll Call file photo)

One-year spending cap option, warts and all, gains momentum
Yarmuth signals openness to deal, echoing comments made by Shelby a day earlier

House Budget Chairman John Yarmuth, D-Ky., said Democrats would be open to a one-year spending deal, but acknowledged it might create problems for getting another deal during an election year. (Caroline Brehman/CQ Roll Call file photo)

Senior lawmakers are increasingly considering a scaled-back plan to raise discretionary spending limits for just the upcoming fiscal year, in what would be a departure from the two-year deals enacted in 2013, 2015 and again last year.

A decision to limit a deal to only fiscal 2020 appropriations might simplify negotiations that have been stalled for months. But it would also set the stage for another difficult showdown over spending levels next year, just before the presidential election.

Yarmuth says effort to unseat McConnell could be national marquee battle next year
Kentucky Democrat says challengers face long odds against Senate GOP leader, however

Retired Marine fighter pilot Amy McGrath is one of Rep. John Yarmuth’s top picks to challenge Senate Majority Leader Mitch McConnell next year. (Jason Davis/Getty Images file photo)

Kentucky Democratic Rep. John Yarmuth said Friday his two top picks to challenge Mitch McConnell in 2020 are Amy McGrath, a retired Marine fighter pilot whose unsuccessful House race last year caught national attention, and sports radio talk show host Matt Jones.

Yarmuth admitted, however, that either candidate would face long odds in the Bluegrass State.

White House, Hill leaders unable to reach spending deal Tuesday
“Deals like this take time,” House Minority Leader Kevin McCarthy says

Senate Majority Leader Mitch McConnell and Minority Leader Charles E. Schumer agree that spending caps and debt limit legislation will go on the same bill. (Tom Williams/CQ Roll Call)

Negotiators were unable to reach an agreement on spending caps and the debt limit Tuesday, hours after a two-year deal seemed possible.

“Deals like this take time,” House Minority Leader Kevin McCarthy said after leaving an afternoon meeting between congressional leaders and administration officials.

Democrats divided over whether it’s time to open impeachment inquiry
Caucus to discuss the matter during a special meeting Wednesday

Rep. John Yarmuth of Kentucky is among the Democrats who do not think it is quite time to begin impeachment proceedings against President Donald Trump. (Caroline Brehman/CQ Roll Call)

Updated 2:50 p.m. | House Democrats are divided over whether they should open an impeachment inquiry against President Donald Trump, with top leaders still hesitant to do so even as more rank-and-file members say it’s time.

Speaker Nancy Pelosi has called a special caucus meeting Wednesday morning to discuss oversight matters, including the impeachment question, several members said.

Swagel officially chosen for CBO director, replacing Hall
Ex-George W. Bush administration official will take over June 3

Departing CBO Director Keith Hall, right, here with Senate Budget Chairman Michael B. Enzi in 2018, has been serving in a temporary capacity since January. (Bill Clark/CQ Roll Call file photo)

Phillip L. Swagel, an economist with extensive service in the George W. Bush administration, has been appointed the new director of the Congressional Budget Office.

Senate Budget Chairman Michael B. Enzi and House Budget Chairman John Yarmuth announced the appointment, which begins June 3.

Sources: Swagel to replace Hall as CBO director
Senate Budget Chairman Enzi expected to announce appointment later this week

CBO Director Keith Hall, right, was said to be interested in serving another term, but Senate Budget Chairman Michael B. Enzi opted to go in a different direction. He’s expected to name Phillip L. Swagel as Hall’s successor later this week. (Bill Clark/CQ Roll Call file photo)

Senate and House budget leaders have chosen Phillip L. Swagel, a University of Maryland economist and former Treasury official in the George W. Bush administration, as the next director of the Congressional Budget Office, according to several sources with knowledge of the discussions.

Senate Budget Chairman Michael B. Enzi spearheaded the selection and is expected to announce the appointment later this week.