President Joe Biden and congressional leaders couldn't come to an agreement during Tuesday's national debt meeting as the U.S. creeps toward economic crisis.
passed last month on a party-line vote that would raise the debt ceiling but also slash federal spending, including cuts to some of Biden's health and climate programs.
"My position is clear and reasonable; House Republicans have done their job to avoid a default and responsibly raise the debt limit.McCarthy said he asked Biden"numerous times if there were places we could find savings," and he said the president didn't offer any.
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.
Senate Democrats Worry Kevin McCarthy Has No Interest in a DealThe deadline for extending the debt limit is approaching. But Democrats don't want to default, they don't want to negotiate, and they don't trust House Speaker Kevin McCarthy to negotiate.
Read more »
Opinion | How Biden can unmask Kevin McCarthy with one simple questionIf we’re playing along with Republicans’ fiction that this is a real negotiation, then both sides should be able to get something.
Read more »
Letters to the Editor: The painful costs of the debt ceiling standoffLetters to the Editor: The painful costs of the debt ceiling standoff (via latimesopinion )
Read more »
McCarthy provides readout of Biden debt ceiling meeting | House Speaker Kevin McCarthy provides readout following meeting with President Joe Biden as debt ceiling June 1 deadline looms | By Washington Examiner | Facebook0 views, 14 likes, 0 loves, 20 comments, 30 shares, Facebook Watch Videos from Washington Examiner: House Speaker Kevin McCarthy provides readout following meeting with President Joe Biden as debt...
Read more »
Tracking Kevin McCarthy's promises to GOP critics as debt ceiling fight loomsSome of McCarthy's most vocal critics in January now give him an A on his job so far, but that could change depending on how he handles the debt fight & other pledges. A look at 6 big promises he made to conservatives — and how he’s done at keeping them👇
Read more »