The Briefing Room
General Category => Politics/Government => Topic started by: Lando Lincoln on February 01, 2023, 10:22:04 pm
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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 (https://www.msn.com/en-us/news/politics/biden-mccarthy-meeting-on-debt-ceiling-tests-divided-washington-rule/ar-AA16ZD9O)
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I strongly suspect that we will soon find far less division than some are trying to imply.