The White House's threat to veto a GOP debt limit bill shows how difficult it could be to resolve a standoff and avoid a ...
President Biden and Speaker Kevin McCarthy (R-Calif.) are set to meet for another round of debt ceiling talks this week, and a deal over raising the borrowing limit remains at a stalemate.
Gaetz or one of his allies now have the power to trigger a so-called “motion to vacate” if McCarthy cuts a debt deal with Biden and the Democrats that they feel is too liberal. He was already ...
Two weeks ago, I argued that implementing this framework by suspending the debt limit until the end of the fiscal year on September 30 would create space for Biden and McCarthy to negotiate a ...
The tone of the talks at the White House on Monday appeared to be more optimistic US President Joe Biden and top Republican Kevin McCarthy have called their latest talks on the debt ceiling ...
President Joe Biden speaks to reporters in the Roosevelt Room after holding debt limit talks with House Speaker Kevin McCarthy (R-CA), Senate Republican Leader Mitch McConnell (R-KY) and ...
“I can’t imagine any debt ceiling provision passed out of the Senate with 60 votes could actually pass this particular House,” he added. Biden and McCarthy have agreed to meet to talk about ...
“I cannot imagine someone in our conference that would want to go along with (President) Biden’s reckless spending,” he said. McCarthy’s proposal would increase the nation’s debt ceiling ...
Democrats would get if they agreed to deeper spending cuts than Biden’s team has proposed is uncertain. McCarthy and his Republican negotiators said what the Democrats get is a debt ceiling ...
designed to solve the debt-ceiling dispute. Media reports said Biden and McCarthy spoke on Sunday as the president was heading back to the U.S. from the G-7 summit in Japan. Reuters quoted ...
Speaker Kevin McCarthy surprised Washington when he ... s borrowing capacity and avert a potentially catastrophic debt default. Biden on Thursday had no direct response to McCarthy’s maneuver.