White House says McCarthy 'beholden' to far-right Republicans on debt limit, source says

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NEW: White House says House Speaker Kevin McCarthy 'beholden' to far-right Republicans on debt limit.

, criticizing him for being "beholden" to far-right Republicans while publicly voicing support for a bipartisan deal, according to a source familiar with the discussions.

The White House's talking points also criticize McCarthy for not agreeing to the White House's concessions. The Republican congressional leader "claims he wants to negotiate, but today he said the only concession he is willing to make is to prevent default -- a basic Constitutional responsibility of his job," according to the talking points.President Joe Biden, on the other hand, is willing to compromise, the source said.

House Speaker Kevin McCarthy looks on as President Joe Biden speaks during a meeting on the debt ceiling, in the Oval Office of the White House in Washington, on May 22, 2023.The talking points come as the so-called "x-date" draws closer -- the June 1 deadline to reach a deal on the federal debt limit and spending, or the U.S. government risks defaulting on its obligations for the first time.

Source: Loan Digest (loandigest.net)

 

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