Today is the start of Memorial Day weekend, which also marks the beginning of the busy summer travel season. Stay safe, don’t yell at anyone at the airport, and we’ll see you back here on Tuesday. Here’s what else you need to know to Get Up to Speed and On with Your Day. 1. Debt limit America’s political leaders have less than a week to hammer out a debt compromise before the country could run out of money to pay its bills. Some Democrats are losing patience over seemingly deadlocked talks.
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McCarthy sends team to White House ‘to finish up’ debt limit dealHouse Speaker Kevin McCarthy said Wednesday he was sending his negotiators to the White House and he anticipated a breakthrough on a deal to cut spending and raise the debt limit.
Source: WashTimes - 🏆 235. / 63 Read more »
White House, Republicans plan to convene on US debt ceiling as deadline looms By Reuters*WHITE HOUSE, REPUBLICANS PLAN TO CONVENE ON U.S. DEBT CEILING AS DEADLINE LOOMS 🇺🇸🇺🇸
Source: Investingcom - 🏆 450. / 53 Read more »
Debt ceiling live updates: GOP negotiators to visit White HouseDebt Ceiling Live Updates: • GOP negotiators visit White House • Treasury Secretary Yellen has repeatedly warned the U.S. could run out of cash to pay the bills as soon as June 1 Follow for more: Speaker McCarthy reiterates that there are still a number of places where both sides are 'far apart' on negotiations. He adds that he thinks 'we can make progress today.'
Source: NBCNews - 🏆 10. / 86 Read more »
White House, Republicans push ahead in US debt ceiling talks By Reuters*REPUBLICAN HOUSE SPEAKER MCCARTHY SAYS STILL FAR APART ON DEBT TALKS *MCCARTHY: HAVE TOLD BIDEN WE WON'T RAISE TAXES 🇺🇸🇺🇸
Source: Investingcom - 🏆 450. / 53 Read more »
White House and Republicans still at odds over spending as debt ceiling talks continueAs the debt default deadline nears and negotiators remain at odds, CBS News' NikolenDC asks Speaker McCarthy what the 'off ramp' is. McCarthy says it's 'to solve the problem, to spend less than we spent last year. That's not that difficult.”
Source: CBSNews - 🏆 87. / 68 Read more »
McCarthy: Still 'far apart' from White House on parts of debt ceiling dealPresident Joe Biden and House Speaker Kevin McCarthy are not any closer to reaching a deal on how to raise the debt ceiling and they're running out of time before June 1, the earliest a default on the nation's debt could occur.
Source: cbsaustin - 🏆 595. / 51 Read more »