on the amount of debt it can issue to fulfill its obligations earlier this month, forcing the Treasury Department to begin taking"extraordinary measures" to allow the nation to avoid a catastrophic default until roughly June.
Some conservative Republicans are pushing for reductions to mandatory spending, which includes funding for entitlement programs like Social Security and Medicare. McCarthy told"Face the Nation" that cuts to Social Security and Medicare are"totally off the table," and noted that House Republicans' agenda includes calls to strengthen the programs.
Complicating the path forward for McCarthy is Republicans' narrow majority in the House, where he can afford only four defections for legislation to pass without relying on Democratic support. It's unclear what kind of legislation addressing the debt limit would win enough GOP support to clear the lower chamber, and also pass the Democratic-led Senate and win Mr. Biden's support.
The only reasonable deal is to increase the debt ceiling. We have to pay our bills. It’s in the Constitution.
Biden: Clean bill McCarthy: We demand cuts! B: What do you want to cut? M: IDK. What do YOU want to cut? B: Nothing M: Biden refuses to negotiate with us.
Tax churches to make up the difference
He will do whatever he's told to do. He has sold out to the devil.
Joe should just tell him to go screw Himself.
🤡🤡🤡🤡🤡🤡🤡🤡
Dont raise it. Printing never stops anyway. Let the rich suffer…
Stop spending money that we don't have. Biden and Democrats have done the worst thing you can do for the economy-- print more money and discourage economic growth. This will cause harm to Americans for years to come
Turned the channel. No point listening to a liar.
No deal.
Why should McCarthy negotiate about whether or not to pay a credit card bill? The law requires us to pay our debts. If he wants to renegotiate the budget going forward, that is a separate conversation. The debt ceiling doesn't change budgets or expenses.
Where’s his proposal? What is he cutting and by how much? He wants Biden to do the dirty work he’s demanding? I hope Joe is smart enough to avoid negotiating against himself. Make Kevin lay out his DETAILED plan to cut spending. DebtLimit
Dear Members of Congress, In light of Minority Leader Kevin McCarthy's recent statement about wanting a 'reasonable' debt ceiling deal and his plans to meet with President Biden on Wednesday,
His idea of reasonable may not be.
There are many reasons to believe he is not telling the truth when saying this.
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.
Source: USATODAY - 🏆 100. / 63 Read more »
Source: KPRC2 - 🏆 80. / 68 Read more »
Source: WashTimes - 🏆 235. / 63 Read more »
Source: Reuters - 🏆 2. / 97 Read more »