Author Topic: Biden-McCarthy meeting on debt ceiling tests divided Washington rule  (Read 167 times)

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Online Lando Lincoln

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Biden-McCarthy meeting on debt ceiling tests divided Washington rule
By Trevor Hunnicutt
Reuters
February 1, 2023

WASHINGTON (Reuters) -President Joe Biden and Republican House Speaker Kevin McCarthy meet on Wednesday to discuss the $31.4 trillion U.S. debt ceiling, a first test of how the two leaders will work together, or not, in a divided Washington.

The Democratic president and Republicans, who won control of the U.S. House of Representatives in November's elections, are locked in a standoff over raising the federal government's borrowing cap.

Failure to reach a deal by June could lead to a default that would shake the global economy.

Biden-McCarthy meeting on debt ceiling tests divided Washington rule
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Offline Bigun

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Re: Biden-McCarthy meeting on debt ceiling tests divided Washington rule
« Reply #1 on: February 01, 2023, 11:21:01 pm »
I strongly suspect that we will soon find far less division than some are trying to imply.
"I wish it need not have happened in my time," said Frodo.

"So do I," said Gandalf, "and so do all who live to see such times. But that is not for them to decide. All we have to decide is what to do with the time that is given us."
- J. R. R. Tolkien