Author Topic: McCarthy: No debt ceiling deal yet, but ‘productive’ talks with Biden  (Read 193 times)

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Offline mystery-ak

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May 22, 2023 7:16pm EDT
McCarthy: No debt ceiling deal yet, but ‘productive’ talks with Biden
McCarthy met with Biden for about an hour and a half on Monday night

By Elizabeth Elkind FOXBusiness

Speaker Kevin McCarthy said Monday evening that his 90-minute meeting with President Biden did not yield an agreement on how to raise the debt ceiling, but said the talks were "productive" and that staff would continue to meet to find a way forward.

"I felt we had a productive discussion," McCarthy said outside the White House after his meeting. "We don’t have an agreement yet, but I did feel the discussion was productive in areas that we have differences of opinion."

An agreement is needed by early June if the government is going to be able to borrow more money to keep current spending obligations afloat.

McCarthy told reporters during a press conference back at the U.S. Capitol that he expects to be in touch with Biden every day until the issue is resolved.

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Offline Kamaji

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How, exactly, was it productive?

Offline mountaineer

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Some members of Congress don't want there to be any negotiation at all, it seems.

Rep. Pramila Jayapal: There will be "a huge the streets" if the White House agrees to spending cuts.
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