The looming crisis over the U.S. debt ceiling may soon require the House speaker to make a painful choice.
Tag: McCarthy, Kevin (1965- )
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Trickling Tax Revenue Complicates Debt Limit Talks
The Treasury Department’s ability to delay a default, the so-called X-date, hinges on how fast the money is coming in.
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How McCarthy Kept the Right Happy on a Debt Ceiling Bill
The speaker’s all-carrots, no-sticks approach of empowering hard-right Republicans carries risks, and any negotiation with President Biden on the debt ceiling is likely to test them.
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The Real Debt Limit Fight Is Yet to Come
Speaker Kevin McCarthy squeezed a debt ceiling increase out of reluctant House Republicans, but he will be hard-pressed to do it again when it counts.
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The Fight Over the Debt Limit
House Republicans are putting the economy at risk to push spending cuts.