Speaker Kevin McCarthy was working to cobble together the votes to push through the compromise he struck with President Biden, as lawmakers in both parties signaled their displeasure with the plan.
Tag: McCarthy, Kevin (1965- )
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Pass the Debt Ceiling Deal
Biden’s deal with Republicans would avoid default and deserves support, but Congress was reckless in allowing this standoff to happen again.
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Debt Limit Bill Heads to Key Committee in First Test of G.O.P. Support
Some Republicans on the panel have already come out in opposition to the package, raising early questions about its fate.
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Why the Debt Limit Spending Cuts Likely Won’t Shake the Economy
With low unemployment and above-trend inflation, the economy is well positioned to absorb the modest budget cuts that President Biden and Republicans negotiated.