Speaker McCarthy News Conference on the Debt Limit
House Speaker Kevin McCarthy (R) briefed reporters on the debt limit negotiations, following a meeting with President Biden at the White Hou… read more
House Speaker Kevin McCarthy (R) briefed reporters on the debt limit negotiations, following a meeting with President Biden at the White House. Speaker McCarthy said that no deal was made but negotiations were “productive,” and he shared that negotiators would continue talking through the night. He continued to say that House Republicans would never put a “clean” debt limit bill on the House floor. He compared raising the debt limit to having a bigger limit on a credit card than a person makes in a year and argued that Congress should fix the issue now. House Financial Services Committee Chair Patrick McHenry (R-NC) joined Speaker McCarthy at the briefing. close
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