What to Know in Washington

What to know in Washington

What to Know in Washington gives you a head start on the day with reporting on the most important stories from Capitol Hill and the White House. From K Street to the White House to the Capitol to the Supreme Court, What to Know in Washington is your daily dose of need-to-know information from Bloomberg Government.

Biden Admits to Shrinking Agenda; Kerry Eyes Business on Climate

President Joe Biden acknowledged that Congress will need to scale back his sweeping economic, tax, and social spending agenda from its recent $3.5 trillion target figure. Meanwhile, his chief climate envoy John Kerry lauded corporate actions on climate, amid concern that the shrinking package won’t contain promised carbon cuts and climate provisions....

What to Know in Washington: Biden Sets Climate Damage Goals

The Biden administration today released a report laying out its broad ambitions for how the federal government will seek to shield the U.S. economy and financial system from threats posed by climate change.

What to Know in Washington: Democrats Divided Over Agenda Cuts

Democrats are coalescing around a tax and spending plan totaling about $2 trillion, but the party’s progressives and moderates remain divided over which pieces of President Joe Biden’s agenda to pay for -- and how long to pay for them.

Do Maps Adequately Reflect Latino Growth? Ballots & Boundaries

Larger Latino populations should have spurred line-drawers to create districts that maximize their voting power, according to advocacy groups that have gone to court. At issue: a proposed congressional district map in Colorado and the statehouse map signed into law in Illinois.

What to Know in Washington: House Takes Up Debt-Ceiling Fix

The House is scheduled to vote on a short-term increase to the government’s borrowing limit today, averting the immediate threat of a catastrophic default but setting the stage for even bigger showdown on debt and spending in less than two months.

What to Know in Washington: Abortion Fights Go to Supreme Court

The current Supreme Court term will, starting this week, determine whether the constitutional right to abortion will be gutted and if sweeping new restrictions will be allowed in much of the country.

Biden Hails Unemployment Drop; President Has Few Options on Gas

President Joe Biden celebrated the latest jobs figures, despite U.S. job growth in September being the slowest so far this year. Biden is also facing pressure from rising gas prices, but a solution might conflict with his environmental agenda.

What to Know in Washington: Hurdles Ahead for Debt Ceiling Fix

Lawmakers are on track to avoid a federal default by agreeing to a short-term raising of the debt limit, but Democrats will still face significant challenges in the coming months if they determine that budget reconciliation is their only path to allow government borrowing for a longer term.

What to Know in Washington: Senate Set to Avert Default, for Now

The Senate is nearing a deal on a short-term increase in the debt ceiling that would pull the U.S. from the brink of default but threatens to exacerbate year-end clashes over trillions in government spending.

What to Know in Washington: Biden, Democrats Work to Trim Agenda

President Joe Biden and Democrats are jockeying to trim their once-$3.5 trillion signature domestic policy package to as little as $1.9 trillion while staying united on passing the legislation. Some big ticket items may fall by the wayside while others may expire after a few years or be restricted to only the poorest Americans, lawmakers say.