Monday, December 23
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Kevin McCarthy to taxpayers on debt ceiling: ‘It’s coming out of your pocket’ #Shorts

House Speaker Kevin McCarthy said he and President Joe Biden had a “productive discussion” on the debt ceiling but still lack an agreement.

RELATED: No debt limit deal made during Biden, McCarthy meeting at White House https://tinyurl.com/z75j66tt

President Joe Biden and House Speaker Kevin McCarthy appeared to make progress but did not reach an agreement during a pivotal White House meeting on raising the debt ceiling 10 days before a potential default. “I felt we had a productive discussion,” McCarthy told reporters following the roughly one-hour meeting. “We don’t have an agreement yet.”

The high-stakes Oval Office meeting, which lasted about an hour, came after negotiations took a step backwards over the weekend amid long-standing disagreements on spending cuts sought by Republicans.

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#Politics #Debt #Tax