Biden, McCarthy to meet at White House amid deadlock in debt limit talks

  • 📰 WashTimes
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

Loans Loans Headlines News

Loans Loans Latest News,Loans Loans Headlines

House Speaker Kevin McCarthy is to meet Monday with President Biden at the White House in hopes of forging a breakthrough on a deal to cut spending and raise the debt limit.

Mr. McCarthy announced the meeting shortly after speaking via phone with Mr. Biden, who is returning to the United States after meeting with Group of Seven leaders in Japan.The meeting comes as negotiations between the White House and House Republicans have deadlocked.

House Republicans want to boost spending for defense, border security and veterans benefits. GOP lawmakers say spending cuts should be focused on welfare programs and “woke bureaucracy.” Each issue is a priority for hardline conservatives, who Mr. McCarthy will need to keep the speaker’s gavel within the narrowly divided House.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 235. in LOANS

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.

Biden, House Speaker McCarthy could speak Sunday on debt limitU.S. President Joe Biden and top congressional Republican Kevin McCarthy could speak as soon as Sunday in talks over raising the federal $31.4 trillion debt ceiling.
Source: Reuters - 🏆 2. / 97 Read more »

Biden plans call with House Speaker McCarthy Sunday on debt limit By Reuters*BIDEN PLANS CALL WITH HOUSE SPEAKER MCCARTHY SUNDAY ON DEBT LIMIT AS TALKS STALL 🇺🇸🇺🇸
Source: Investingcom - 🏆 450. / 53 Read more »

Biden, House Speaker McCarthy to speak on debt limit“We’re going to get a chance to talk later today,” Biden said of McCarthy, R-Calif., while the president met with the leaders of Japan and South Korea at the G7 in Hiroshima, Japan.
Source: nypost - 🏆 91. / 67 Read more »

McCarthy says Biden would rather default on debt than upset 'socialists''The White House is moving backward in negotiations,' McCarthy said.
Source: Newsweek - 🏆 468. / 52 Read more »

House Republicans ‘Pause’ Debt Ceiling Talks With White HouseNegotiators for House Republicans walked out of debt limit talks with the White House on Friday, despite signaling optimism earlier in the week. See potential bias and similarities in coverage from Forbes, ABC and FoxNews: DebtCeiling Politics
Source: AllSidesNow - 🏆 572. / 51 Read more »

White House Report Card: Biden puttering through debt crisis, family scandalWeekly White House Report Card ✏️ jedbabbin — “D” for the week, and highlighted the growing evidence of a Biden family financial scandal that involved the president, the first son, and the first brother.
Source: dcexaminer - 🏆 6. / 94 Read more »