Kevin McCarthy’s Debt Ceiling Dilemma

Kevin McCarthy’s Debt Ceiling Dilemma

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Playing chicken with the debt ceiling
Post Reports


<span style="background-color: transparent; color: rgb(0, 0, 0);">Congress and President Biden have five weeks to strike a deal on raising the debt ceiling, according to a new projection from the Treasury Department. Otherwise, the country will need to brace for an ...

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McCarthy Takes on Biden Over Debt Ceiling
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Congress and the Biden administration are once again at loggerheads over a potential debt ceiling crisis – and the possibility of defaulting on its debt for the first time in the United States’ history. CNN Political Director David Chalian breaks down Speaker Kevin McCarthy’s spe ...  Show more

Biden and McCarthy ‘closer to deal’ on debt ceiling
World Business Report

The US House Speaker says there's been progress in the talks about a deal to raise the government debt limit for two years, and that negotiations with the White House will continue. Kevin McCarthy said the work would carry on until an agreement was reached - but he added this was ...  Show more

Congress Won’t Let The US Default on Its Debt. Right?
Big Take

The White House and Congress are battling over raising the nation’s $31.4 trillion debt ceiling. If they don’t act and the US defaults on its debt this summer, the economic shockwaves will be felt across the nation and around the world. Even so, the conventional wisdom in many pa ...  Show more