House Speaker Kevin McCarthy hailed his “agreement in principle” with President Joe Biden to raise the U.S. debt ceiling as a “transformational” moment for the country.
Read More McCarthy: Debt ceiling deal will be ‘transformational’ for countryTag: Kevin McCarthy
McCarthy and Biden set to complete debt ceiling agreement on Sunday
President Joe Biden and Speaker Kevin McCarthy will meet this afternoon on May 28th to finalize the debt ceiling agreement, and then Republicans will release the legislative bill, according to House Democrat Leader Hakeem Jeffries who had informed the Democrat caucus of the news in a letter on Sunday.
Read More McCarthy and Biden set to complete debt ceiling agreement on SundayBiden Teases Deal on Debt Ceiling, Says He Is ‘Very Optimistic’
President Joe Biden says an agreement on the debt ceiling is “very close” as he left for Camp David Friday.
Read More Biden Teases Deal on Debt Ceiling, Says He Is ‘Very Optimistic’Alicia Summers speaks with a financial expert about the debt ceiling debacle and other top economic stories
The debt ceiling debate has really come down to one thing, spending. House speaker McCarthy says they’re close but no deal yet.
Read More Alicia Summers speaks with a financial expert about the debt ceiling debacle and other top economic storiesBiden and McCarthy fail to come to an agreement
President Joe Biden and House Speaker Kevin McCarthy did not reach an agreement during their meeting on how to raise the debt ceiling on Monday.
Read More Biden and McCarthy fail to come to an agreementDebt ceiling talks between Biden and McCarthy
President Joe Biden and Speaker of the House Kevin McCarthy are set to meet on Tuesday afternoon to discuss the debt ceiling and how to move forward in order to avoid defaulting on the nation’s debt.
Read More Debt ceiling talks between Biden and McCarthy