Debt ceiling negotiations continue amidst political tensions.

1 min read
Source: CNBC
Debt ceiling negotiations continue amidst political tensions.
Photo: CNBC
TL;DR Summary

House Speaker Kevin McCarthy expressed optimism that a deal to raise or suspend the debt ceiling could be reached in time for a House vote next week. Negotiators from both parties are working to hammer out a deal that needs to pass the Republican majority House and the Democratic controlled Senate, ahead of a potential June 1 deadline. Despite the partisan divide, McCarthy praised the White House team and said they are working through the concerns of the House and others to put a bill together that will become law.

Share this article

Reading Insights

Total Reads

0

Unique Readers

1

Time Saved

2 min

vs 3 min read

Condensed

79%

43790 words

Want the full story? Read the original article

Read on CNBC