House Speaker Kevin McCarthy said Saturday that Congress will meet the June 5 deadline to raise the debt ceiling.
The California Republican confirmed that no deal has been struck but pledged an agreement will be made before the government goes into default and that all lawmakers will have at least 72 hours to read the bill before it comes to the floor for a final vote.
Treasury Secretary Janet Yellen on Friday pushed back the projected deadline when the U.S. will default if Congress doesn’t raise the debt limit. President Biden and Republican negotiators are working on a deal to raise the U.S. government’s $31.4 trillion debt ceiling after the Treasury Department cautioned that an impending default was likely without any action.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
WATCH LIVE: House Speaker Kevin McCarthy gives update on debt ceiling negotiations | Fox News VideoWATCH LIVE: House Speaker Kevin McCarthy gives update on debt ceiling negotiations
Les mer »
Debt ceiling talks making progress, McCarthy says, as deadline nearsHouse negotiators are making progress toward an agreement with the White House to raise the nation's debt ceiling, racing to close out a deal ahead of a looming deadline to avert a potentially catastrophic government default.
Les mer »
President Biden and Speaker McCarthy talk while debt ceiling default loomsPolitical Gabfest: White House v. House Republicans is dangerous game with U.S. and world economies at stake
Les mer »
Durbin: Speaker McCarthy is 'playing political poker' in debt ceiling standoffLawmakers in Washington have just one week to raise the debt ceiling or risk defaulting on the U.S. debt for the first time in history.
Les mer »
Democrat questions Biden's debt ceiling talks with 'economic terrorists'A deal was still not struck between the White House and House Speaker Kevin McCarthy on Thursday before House lawmakers headed for holiday recess.
Les mer »
House conservatives blanch at leaked details of McCarthy-Biden debt talksThe group was already unlikely to support a final bipartisan deal, but lingering anger with Kevin McCarthy could have lasting implications on his speakership.
Les mer »