23 May 2023 at 01:06 McCarthy: No agreement on the debt ceiling Leader of the House of Representatives Kevin McCarthy (R) says that the meeting with President Joe Biden on the debt ceiling was productive, but that they have not agreed on an agreement. The Republican met the press on the night of Tuesday Norwegian time after the meeting with the president. However, he says that he is optimistic and that he has faith that they can agree on an agreement, writes Reuters. The US Department of the Treasury has set June 1 as a final deadline for the parties to reach an agreement on the debt ceiling – which has been raised a whopping 78 times since 1960. This year, the right wing among the Republicans is standing firm on the demand for cuts in public spending.
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No agreement on the debt ceiling – Latest news – news
