Speaker McCarthy News Conference on Debt Limit Talks with President Biden
2023-02-01T18:47:43-05:00https://ximage.c-spanvideo.org/eyJidWNrZXQiOiJwaWN0dXJlcy5jLXNwYW52aWRlby5vcmciLCJrZXkiOiJGaWxlc1wvNzllXC8wMTBcLzE2NzUyODc5NjFfMDEwLmpwZyIsImVkaXRzIjp7InJlc2l6ZSI6eyJmaXQiOiJjb3ZlciIsImhlaWdodCI6NTA2fX19“The president and I had a good first meeting...We want to make sure we do this in a responsible, reasonable way,” said House Speaker Kevin McCarthy (R-CA) after a private meeting with President Biden about addressing the nation’s debt ceiling. A reporter asked if he can commit to the United States not defaulting on its debt, and the speaker likened the situation to a child with a credit card, saying that an adult is responsible for paying what the child spends but, going forward, a review of the spending must be in order. He also said no agreements or promises were made, but talks with the president would continue. The U.S. has until June to avoid default on its debt.
“The president and I had a good first meeting...We want to make sure we do this in a responsible, reasonable way,” said House Speaker Kevin… read more
“The president and I had a good first meeting...We want to make sure we do this in a responsible, reasonable way,” said House Speaker Kevin McCarthy (R-CA) after a private meeting with President Biden about addressing the nation’s debt ceiling. A reporter asked if he can commit to the United States not defaulting on its debt, and the speaker likened the situation to a child with a credit card, saying that an adult is responsible for paying what the child spends but, going forward, a review of the spending must be in order. He also said no agreements or promises were made, but talks with the president would continue. The U.S. has until June to avoid default on its debt. close
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