After months of rhetorical bomb-throwing between President Biden and House Speaker Kevin McCarthy over the debt limit, both sides are now negotiating quietly to avert a default by June 1.
Negotiators for Mr. Biden and Mr.
The more than 40-member group voted to adopt the legislation as their official position on the debt limit negotiations between Mr. McCarthy and the White House. ‘s green energy tax credits and impose work requirements on food stamps, Medicaid, and cash payments.would likely garner the support of enough moderate House Democrats to pass the chamber.
Buoying the talks is the fact that both sides have appointed trusted negotiators who are seen as honest brokers.has tapped Office of Management and Budget Director Shalanda Young and Steve Ricchetti, who serves as counselor to the president. The duo has strong bipartisan credentials.
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