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US debt ceiling: President Joe Biden and House Speaker Kevin McCarthy are raising the government’s borrowing limits
Speaker Kevin McCarthy left his first visit to the White House confident that he and President Joe Biden could negotiate a spending agreement, including the country's debt ceiling.
McCarthy, who had to negotiate with hardline conservatives to win his bid for speaker after 15 rounds of voting, leads a fractious caucus in which some members are willing to risk the nation's credit rating and the global economy in order to obtain the federal spending cuts they desire.
How US Debt Ceiling May Affect Social Security, Medicare?
McCarthy and other Republican leaders have...
Economy
US debt ceiling:...
Speaker Kevin McCarthy left his first visit to the White House confident that he and President Joe Biden could negotiate a spending agreement, including...
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