U.S. House Speaker Kevin McCarthy (R-Calif.) and other congressional leaders speak about the outcome of their Monday afternoon meeting on another round of negotiations on the federal government’s $31.4 trillion debt ceiling at 6:00 p.m. ET on May 22. The U.S. government faces the risk of default in as little as ten days. …
LIVE 6 PM ET: McCarthy, Other Congressional Leaders Discuss US Debt Ceiling After White House Meeting
May 22, 2023
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LIVE NOW: McCarthy, Other Congressional Leaders Discuss US Debt Ceiling After White House Meeting
May 22, 2023
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U.S. House Speaker Kevin McCarthy (R-Calif.) and other congressional leaders speak about the outcome of their Monday afternoon meeting on another round of negotiations on the federal government’s $31.4 trillion debt ceiling at 6:00 p.m. ET on May 22. The U.S. government faces the risk of default in as little as ten days. …
McCarthy, Other Congressional Leaders Discuss US Debt Ceiling After White House Meeting
May 22, 2023
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congressdebt ceilingDemocratsEpochTVEpochTV LiveExecutive BranchJoe BidenKevin McCarthyLive VideosPoliticsRepublicansUSUS NewsVideo
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U.S. House Speaker Kevin McCarthy (R-Calif.) and other congressional leaders speak about the outcome of their Monday afternoon meeting on another round of negotiations on the federal government’s $31.4 trillion debt ceiling at 6:00 p.m. ET on May 22. The U.S. government faces the risk of default in as little as ten days. …
Despite ‘Philosophical’ Disagreements on Debt Ceiling, GOP and Biden Can Find ‘Common Ground’: McCarthy
Speaker of the House Kevin McCarthy (R-Calif.) said on May 21 that Republicans and President Joe Biden can find “common ground” on the debt ceiling despite lingering “philosophical” disagreements. McCarthy and Biden reportedly discussed the matter again as Biden returned home on Air Force One from the Group of Seven Summit in Hiroshima, Japan. McCarthy…
Biden Suggests He Can Raise Debt Ceiling Without GOP Support Using 14th Amendment
President Joe Biden says he believes he can raise the debt ceiling unilaterally under the 14th Amendment even without GOP support. “I’m looking at the 14th Amendment as to whether or not we have the authority [to raise the debt ceiling without congressional backing]—I think we have the authority,” Biden said during a May 21…
Yellen Warns Federal Gov’t Likely Won’t Pay All of Its Bills by Next Month
U.S. Treasury Secretary Janet Yellen said Sunday that she doesn’t believe the federal government could still pay off all its bills before June 15 in a bid to underscore the urgency to resolve a standoff between the White House and House Republicans to raise the debt ceiling. “Well, there’s always uncertainty about tax receipts and…
Yellen Warns Federal Government Likely Won’t Pay All of Its Bills by Next Month
U.S. Treasury Secretary Janet Yellen said Sunday that she doesn’t believe the federal government could still pay off all its bills before June 15 in a bid to underscore the urgency to resolve a standoff between the White House and House Republicans to raise the debt ceiling. “Well, there’s always uncertainty about tax receipts and…
Biden Criticizes Republican Proposal on Debt Ceiling, Says He Won’t Accept ‘Partisan Terms’
Hiroshima, JAPAN—President Joe Biden took aim at Republicans, claiming that he had done his part in debt ceiling negotiations and that it was now up to them to “move from their extreme positions.” During a press conference held after the Group of Seven (G-7) summit in Hiroshima, Biden stated that he would shortly speak with…
US Default Risk Casts Shadow Over Biden’s G7 Trip at Home
May 21, 2023
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HIROSHIMA, Japan—President Joe Biden has asked his negotiators to coordinate a call with House Speaker Kevin McCarthy for Sunday morning, U.S. time, after he concludes his G7 meetings on the last day of the summit in Japan. The White House has engaged in a heated exchange with Republicans over the debt ceiling negotiations that stalled…
US Default Risk Casts Shadow Over Biden’s G7 Trip
May 21, 2023
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Asia & PacificBusiness & Marketsdebt ceilingdefaulteconomic policiesExecutive BranchG-7G7 Leaders’ SummitPoliticsUSWorld
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HIROSHIMA, Japan—President Joe Biden has asked his negotiators to coordinate a call with House Speaker Kevin McCarthy for Sunday morning, U.S. time, after he concludes his G7 meetings on the last day of the summit in Japan. The White House has engaged in a heated exchange with Republicans over the debt ceiling negotiations that stalled…
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