McCarthy, Biden predict Congress will pass debt ceiling deal
MONDAY, MAY 29, 2023
US House Speaker Kevin McCarthy predicted on Sunday that a majority of his fellow Republicans would support the deal to suspend the $31.4 trillion debt ceiling that he negotiated at the weekend with President Joe Biden.
'Speaker McCarthy and I reached a budget agreement in principle' - Biden
SUNDAY, MAY 28, 2023
US President Joe Biden and top congressional Republican Kevin McCarthy have reached a tentative deal to raise the federal government's $31.4 trillion debt ceiling, ending a months-long stalemate, McCarthy announced on Saturday.
"Each day I feel closer and better" : McCarthy optimistic on deal to avert US default
SUNDAY, MAY 28, 2023
Speaker of the US House of Representatives Kevin McCarthy said on Saturday struck an optimistic note on negotiations with Democratic President Joe Biden aimed at raising the federal government's debt ceiling, as the nation faced risk of default in little more than a week.
Biden, McCarthy meeting ends with no deal on debt ceiling
TUESDAY, MAY 23, 2023
President Joe Biden and House Speaker Kevin McCarthy could not reach an agreement Monday on how to raise the US government's $31.4 trillion debt ceiling with just 10 days before a possible default that could sink the US economy but vowed to keep talking.
Biden 'confident' of reaching deal to avert default on US debt
THURSDAY, MAY 18, 2023
President Joe Biden and top US congressional Republican Kevin McCarthy said on Wednesday they aimed to reach a deal by Sunday to raise the federal government's $31.4 trillion debt ceiling and avoid an economically catastrophic default.
Biden, facing debt ceiling debate, could skip Australia part of Asia trip
WEDNESDAY, MAY 17, 2023
Democratic President Joe Biden and top congressional Republican Kevin McCarthy's US debt ceiling negotiations ended on Tuesday after less than an hour, as the looming fear of an unprecedented American debt default prompted Biden to cut short an upcoming Asia trip.
McCarthy sees "no movement" in debt talks ahead of Biden meeting
TUESDAY, MAY 16, 2023
US House Speaker Kevin McCarthy warned on Monday that there has been "no movement" toward an agreement to lift the $31.4 trillion debt ceiling in talks with the White House, and he warned that time is running out to get a deal through Congress and avoid a first-ever US default.
Biden, McCarthy debt ceiling meeting postponed, spending cuts on table
FRIDAY, MAY 12, 2023
A debt limit meeting between US President Joe Biden and top lawmakers that had been scheduled for Friday has been postponed, and the leaders agreed to meet early next week, a White House spokesperson said on Thursday.
McCarthy calls for action after US House passes Republican bill tightening border security
FRIDAY, MAY 12, 2023
The US House of Representatives on Thursday approved Republican legislation intended to stop immigrants and illegal drugs crossing the nation's southwestern border with Mexico, leaving it to the Senate to attempt a broader, bipartisan immigration bill.
Biden, McCarthy divided over debt ceiling but talks continue
WEDNESDAY, MAY 10, 2023
US President Joe Biden and top lawmakers failed to break a deadlock on Tuesday in face-to-face talks over raising the $31.4 trillion US debt limit but vowed to meet again with just three weeks before the country may be forced into an unprecedented default.