President Joe Biden and House Speaker Kevin McCarthy worked to sell their debt ceiling compromise bill to lawmakers on Sunday. See potential bias and similarities in coverage from latimesopinion, FinancialTimes and FoxNewsOpinion: DebtCeilingDeal
The arsonists are taking credit for putting out the fire.
Late Saturday night and again Sunday morning, House Speaker Kevin McCarthy and two of his lieutenants were providing self-congratulatory spin to scrums of reporters at the Capitol on a holiday weekend, declaring their success at ending an economic crisis Republicans unnecessarily provoked. They didn’t describe their deal with President Biden that way, of course. But that’s what we’ve been enduring — needless brinkmanship that’s undermined global confidence in the nation’s financial reliability and in the dollar as the world’s reserve currency,...
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Biden, McCarthy speak on debt ceiling deal, differences remainHouse Speaker Kevin McCarthy said there was progress in talks with President Joe Biden on raising the government’s debt ceiling as the nation faces risk of default in little more than a week
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Biden, McCarthy agree to talk on debt crisis, speaker says negotiators 'closer to an agreement'President Joe Biden and House Speaker Kevin McCarthy agreed to speak Saturday evening as they race to strike an agreement that would resolve the looming debt crisis ahead of a June 5 deadline to avert a catastrophic U.S. default. Biden spoke earlier in the day with the Democratic leaders in Congress to discuss the status of the talks, according to two people familiar with the situation and granted anonymity to discuss it. The Republican speaker gathered top allies behind closed doors at the Capitol as negotiators pushed for a deal that would raise the nation’s borrowing limit and avoid a catastrophic default, while also making spending cuts that House Republicans are demanding.
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Biden, McCarthy speak on debt crisis, one GOP negotiator says ‘thorny issues’ remainBoth sides raced to strike an agreement that would resolve the looming debt crisis ahead of a June 5 deadline and avert a catastrophic U.S. default.
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President Biden, House Speaker Kevin McCarthy strike tentative debt ceiling dealPresident Biden and House Speaker Kevin McCarthy have struck a tentative deal to raise the debt ceiling on Saturday night, sources close to the talks have said. The deal to raise the government&82…
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Biden, McCarthy reach debt limit agreement, per reportsPresident Joe Biden has reportedly struck a deal with House Speaker Kevin McCarthy to avoid plunging the United States into default.
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AP source: Biden, McCarthy reach 'agreement in principle' to raise debt ceiling as default loomsPresident Joe Biden and House Speaker Kevin McCarthy have reached an “agreement in principle” to resolve the looming debt crisis. That's according to a person familiar with the situation, who spoke on condition of anonymity because they were not authorized to speak publicly on the matter. They spoke by phone earlier in the evening as they raced to prevent a catastrophic debt default. With the outline of an agreement, a legislative package can be drafted in time for votes in Congress next week. That's ahead of a projected June 5 federal default. Negotiators have wrangled over a deal that would also making spending cuts that House Republicans are demanding.
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