Biden, McCarthy reach tentative deal to raise US debt ceiling | Business and Economy News
Deal raises debt limit for two years while capping some spending, but uncertainty remains on whether it can pass Congress. US President Joe Biden and…
Biden, McCarthy reach last-minute deal to raise debt limit
WASHINGTON — President Biden and House Speaker Kevin McCarthy reached an “agreement in principle” to raise the federal government’s borrowing limit and cut some spending, McCarthy…
Debt ceiling deal reached by McCarthy, Biden to try to avert default
WASHINGTON – President Joe Biden and House Speaker Kevin McCarthy reached an agreement in principle Saturday to raise the nation’s debt limit and cut government…
Joe Biden and Kevin McCarthy reach tentative US debt-ceiling deal, according to sources
US President Joe Biden and top congressional Republican Kevin McCarthy have reached a tentative deal to raise the federal government's $US31.4 trillion ($48 trillion) debt…
No debt limit deal yet but McCarthy ‘hopeful’ of Saturday agreement
1/5 House Speaker Kevin McCarthy said Saturday he is 'always hopeful' when asked if a deal to raise the U.S. debt ceiling and avoid defaulting…
McCarthy rebrands looming debt ceiling breach: ‘Biden default’
House Speaker Kevin McCarthy is setting up to pin a looming possible financial crisis on President Biden, the Republican leader indicated on Wednesday, declaring that…
Biden, McCarthy ‘closer’ on debt ceiling before Memorial Day
WASHINGTON − White House and Republican negotiators are getting "closer" to a deal to raise the debt ceiling before June 1, according to a Democratic…
McCarthy forces Biden to the table
WASHINGTON — With barely one week left before the U.S. might stop paying its bills, Washington lawmakers are inching toward a deal to ensure the world…
Kevin McCarthy tells Republicans both sides still divided in debt limit talks
1/7 House Speaker Kevin McCarthy speaks to the press outside the Oval Office at the White House on Monday after meeting with President Joe Biden…
Biden, McCarthy have no deal after ‘productive’ debt ceiling meeting
WASHINGTON - President Joe Biden and House Speaker Kevin McCarthy appeared to make progress but did not reach an agreement during a pivotal White House…
Biden and McCarthy resume talks as US debt ceiling deadline looms | Debt News
United States President Joe Biden, a Democrat, has held a sit-down meeting with Republican House Speaker Kevin McCarthy to discuss raising the country’s debt ceiling,…
Joe Biden, Kevin McCarthy to meet today as clock ticks on debt limit
1/6 U.S. President Joe Biden (L) and Speaker of the House Kevin McCarthy (pictured in March) will meet late Monday afternoon to discuss the latest…
McCarthy: A debt deal could still pass by June 1
The two last met in person on May 16, before Biden’s trip to the G-7 summit in Japan. “We could get a deal tonight, we…
Biden, McCarthy to meet Monday for debt ceiling negotiations; Yellen warns of ‘hard deadline’
1/4 President Joe Biden will resume negotiations on the debt ceiling with House Speaker Kevin McCarthy on Monday as the June default deadline nears. Photo…
Joe Biden, Kevin McCarthy talk; Yellen warns of default
WASHINGTON - Get ready for another week - or two - of negotiations on the debt ceiling, even as the clock ticks toward a possible…
Biden to call McCarthy on debt ceiling, says GOP plan ‘unacceptable’
WASHINGTON − President Joe Biden on Sunday lambasted proposals put forward by Republicans in debt ceiling negotiations as "unacceptable" and said he "can't guarantee" Republicans…
Biden, McCarthy make some progress in latest debt-ceiling meeting
WASHINGTON − President Joe Biden and House Speaker Kevin McCarthy appeared to make ever-so-slight progress toward a debt-ceiling deal in an Oval Office meeting Tuesday…
Tlaib relocates pro-Palestine event after McCarthy blocks it
The event will be hosted in the Senate HELP hearing room on Wednesday. Source link
McCarthy sees no movement on debt limit, his biggest test yet
WASHINGTON — The last time House Speaker Kevin McCarthy sat down with President Biden in the Oval Office, he struck a firm but hopeful tone, telling…
Biden meets Kevin McCarthy on debt ceiling as June 1 deadline looms
WASHINGTON − An Oval Office meeting Tuesday afternoon between President Joe Biden and top congressional leaders failed to produce a breakthrough in the standoff over…