House Speaker McCarthy on debt ceiling deal: This was a turning of the ship

House Speaker McCarthy weighs in on the debt deal becoming law: 'This was a turning of the ship.'

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CNBC /  🏆 12. in US

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

McCarthy ally: The speaker's 'position is absolutely safe''We’re going to keep marching forward,' Rep. Garret Graves said of Kevin McCarthy.
Read more »

McCarthy lauds debt US ceiling deal, House conservatives dividedU.S. House of Representatives Speaker Kevin McCarthy on Sunday lauded the debt ceiling deal he negotiated with Democratic President Joe Biden, but a prominent House conservative warned that McCarthy has 'credibility issues' that may prompt some Republicans to seek his ouster as the top Republican in Congress.
Read more »

McCarthy lauds U.S. debt ceiling deal, House conservatives dividedU.S. House of Representatives Speaker Kevin McCarthy on Sunday lauded the debt ceiling deal he negotiated with Democratic President Joe Biden, but a prominent House conservative warned that McCarthy has 'credibility issues' that may prompt some Republicans to seek his ouster as the top Republican in Congress.
Read more »

Kevin McCarthy Is a Survivor, Not a Strategic GeniusOnce Biden blinked on taxes, the Speaker was playing with house money.
Read more »

How Biden and McCarthy struck a debt limit deal and staved off a catastrophePerhaps most critical to locking up the debt limit deal were President Joe Biden and House Speaker Kevin McCarthy’s five handpicked negotiators, three men and two women unknown to most outside government. They were tasked to work out an agreement between Biden and McCarthy — with no direct involvement by any other members of Congress. That advice to “shrink the room” and avoid lawmakers' constant sniping was on the advice delivered in part by Senate Minority Leader Mitch McConnell. The outcome provides a tale of an underestimated House speaker and a president who tuned out the noise even from his own party to ensure a default would not happen on his watch.
Read more »