Biden And McCarthy To Discuss Debt Ceiling As Time Runs Short To Reach A Deal
Headline from Forbes, on the newest of 4 developments
Republicans will either need to abandon their attempt to extract meaningful policy concessions in exchange for a debt limit increase or offer President Biden a short-term increase that creates room for a realistic negotiation process.
Forbes's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
Multiple GOP senators indicated their chamber is secondary in debt limit talks, and the House GOP majority is the one pressing for spending cuts in a deal with Biden.
The president's invitation to congressional leaders to meet May 9 came hours after Treasury Secretary Janet Yellen warned that the U.S. would need to extend the debt ceiling "as early as June 1," sooner than expected.
House Democrats are wielding a rarely used tool known as a "discharge petition" to go around Speaker Kevin McCarthy on a simple debt limit extension. Here's what you need to know.
Some House Republicans are reportedly worried about a slew of last-minute changes that were made to Speaker Kevin McCarthy’s (R-CA) debt limit proposal, expressing concerns the Republican leader is harming chances of passing a compromise bill by making unrealistic promises to the most conservative…
The White House and Congress could strike a deal to raise the debt ceiling in exchange for budget cuts. Or they could agree to a stopgap measure to keep paying
On this week's broadcast of FNC's "Sunday Morning Futures," Sen. Mike Lee (R-UT) insisted Senate Republicans would give House Speaker Kevin McCarthy (R-CA) the negotiating leverage he needed on the debt ceiling. | Clips
To become speaker, Kevin McCarthy made it easier for hard-right members to remove him. Negotiating a debt ceiling deal with President Joe Biden could put his gavel on the line.
The president has invited the top four Congressional leaders to the White House on Tuesday to discuss the U.S. debt ceiling, but President Biden is refusing to negotiate spending cuts in those talks.
Joe Biden and Kevin McCarthy have arrived at a crucial moment in their debt ceiling fight — a meeting that risks cementing their standoff rather than yielding a breakthrough in a crisis already unnerving markets.
Congressional leaders emerged from a meeting with President Biden Tuesday saying they were unable to reach a breakthrough on raising the nation’s borrowing limit, despite a default deadline looming in three weeks.
WASHINGTON (AP) — House Speaker Kevin McCarthy said Tuesday that a federal debt deal with President Joe Biden is needed by next week if Washington hopes to
House Speaker Kevin McCarthy ruled out a short-term hike to the debt ceiling on Tuesday shortly before a meeting with President Biden at the White House on the looming fiscal deadline.
House Speaker Kevin McCarthy says after meeting with President Joe Biden and other Democrats that he "didn't see any new movement" toward ending a months-long impasse over raising the nation's borrowing limit.
Republicans will either need to abandon their attempt to extract meaningful policy concessions in exchange for a debt limit increase or offer President Biden a short-term increase that creates room for a realistic negotiation process.
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Biden And McCarthy To Discuss Debt Ceiling As Time Runs Short To Reach A Deal | Since Then