President Joe Biden has called on House Speaker Kevin McCarthy to produce the Republican Party's budget proposal before the Easter recess, as the two spar over the debt ceiling.
Speaker of the House Kevin McCarthy (R-Calif.) warned in a March 28 letter that there could be “dire ramifications” for “the entire nation” if President Joe Biden refuses to negotiate with Republicans on the debt ceiling.
President Biden and Speaker McCarthy continue to spar over the next steps in negotiations on the debt ceiling. The country faces a historic default if no deal is reached before the summer deadline.
House Speaker Kevin McCarthy, R-Calif., said Thursday that Republican lawmakers will pass a debt ceiling bill if President Joe Biden refuses to negotiate.
Speaker Kevin McCarthy and his top lieutenants say they are actively preparing to move a party-line bill to raise the national debt limit if President Joe Biden continues to draw a firm line against talks with House Republicans to avoid the nation's first-ever default.
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