Manchin and McCarthy held a private meeting Wednesday afternoon to discuss raising the debt ceiling, which needs to be done by June in order for the United States to avoid defaulting on its loans. The U.S. reached its debt limit last week at $31.4 trillion.Sources familiar with the meeting between the lawmakers claimed it went well but that no commitments had been made on either side, according to Business Insider.
McCarthy previously denied reports that he was considering cutting from Social Security and Medicare — a decision multiple powerful Republicans who have urged McCarthy not to touch the programs find favorable.
Loans Loans Latest News, Loans Loans Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
McCarthy agrees not to cut Medicare, Social Security in debt ceiling talks: reportKevin McCarthy reportedly agrees to leave cuts to Social Security and Medicare off the table in debt ceiling negotiations Good. I can breathe again. PaulPari6 Oh no, McCarthy. Leave them in. Let everyone see. Funny how nobody understands the cuts. The SSi is broke. Y’all think it’s always about making the rich, richer. Guess what. Trump Tax cuts to the rich made America larger profits. We gained Trillions. Similar cuts were done by JFK and Reagan. Guess who blew it all? BIDEN.
Source: BusinessInsider - 🏆 729. / 51 Read more »