Kevin McCarthy warns White House to reach debt-limit deal this week
warned Monday that any deal with President Biden over raising the debt limit must be completed by the end of this week to avert a default on the government’s obligations by June 1., California Republican. “We’ve got to get something done this week in order to pass it and move it to the Senate.”
While Senate Democrats could cut their break short, it still takes nearly a week for legislation to move through the chamber.said. “It does make it more difficult but I think we can still make that all happen.”was set to meet at the White House with Mr. Biden on Monday. The talks are the first in-person since Mr. Biden left Washington last week for a meeting with G7 leaders in Japan.
The White House is proposing to keep domestic and defense spending flat for the upcoming fiscal year. Administration officials argue that would still amount to a spending cut because of inflation. Both sides are accusing the other of moving goalposts and trying to load up legislation with poison pills.
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