Biden and McCarthy Square Off Over the Debt Ceiling
Biden and McCarthy Square Off Over the Debt Ceiling
House Speaker Kevin McCarthy (R-CA) called on Democrats to begin talks immediately on raising the debt ceiling, a critical requirement that Republicans plan to use as leverage in their effort to slash federal spending. “I would like to sit down with all the leaders and especially the president and start having discussions,” McCarthy said Tuesday at the Capitol.
Treasury Secretary Janet Yellen warned last week that the federal government would run up against the federal debt ceiling on this Thursday, forcing the Treasury to start taking “extraordinary measures” that would provide liquidity roughly through June. McCarthy said he wants to start talks before the cash crunch gets too close. “Who wants to put the nation through some type of threat at the last minute with the debt ceiling? Nobody wants to do that,” he said.
The White House, however, made it clear that President Joe Biden – who called Republicans “fiscally demented” in comments over the weekend — has no plans to negotiate on the issue, and is demanding instead a clean vote to raise the debt limit.
READ MORE: https://finance.yahoo.com/news/biden-mccarthy-square-off-over-233450828.html
Links for B.C.
Visit My Website
https://bcbegley.com
Subscribe To My Patreon
https://www.patreon.com/bcbegley
Watch Me On YouTube
https://www.youtube.com/channel/UCGoU...
Follow Me On Twitter
https://twitter.com/BC_News1
Watch Me On Rumble
https://rumble.com/c/c-280191
Follow Me On Gab
https://gab.com/BC_Begley
Follow Me On Parler
https://parler.com/profile/Bcbegley20...
Watch Me On BitChute
https://www.bitchute.com/channel/FYML...
Subscribe To The Apocalypse Watch App
https://newapocalypsewatch.com
-
0:39
venspasov
1 year agoKevin McCarthy on the debt ceiling
13 -
1:20
Uncensored Storm
1 year agoMcCarthy: Republicans Poised to Deliver Big on Debt Ceiling
99111 -
3:58
RedpillUSAPatriots
1 year agoSpeaker Kevin McCarthy: Debt Ceiling
4992 -
25:03
The Thinking Conservative
1 year agoMcCarthy About Debt Ceiling Meeting With Biden
1 -
0:28
Just the News
1 year agoSpeaker McCarthy: ‘This is the strongest debt ceiling we ever had’
80317 -
0:36
Just the News
1 year agoMcCarthy releases plan on debt ceiling, says Biden has 'no right to play politics' with this issue
1.86K7 -
1:06
Just the News
1 year agoWH says McCarthy engaging in 'dangerous economic hostage-taking' when asked about debt ceiling plan
1.41K12 -
4:26
seanspicer
1 year agoEverything you need to know about McCarthy’s debt ceiling bill
30 -
1:30
Reuters
1 year agoBiden, McCarthy reach tentative US debt ceiling deal
1.01K8 -
2:50
The Post Millennial Live
1 year agoHouse Rep. Speaker McCarthy on debt limit negotiations: “The problem are the Democrats.”
7986