Debt ceiling negotiations continue amidst political tensions.

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.
Topics:nation#bipartisan-deal#congressional-negotiations#debt-ceiling#kevin-mccarthy#politics#white-house
- McCarthy says House could vote on debt ceiling deal as soon as next week CNBC
- Joe Biden 'Confident' U.S. Won't Default Newsweek
- 'We will not default': Biden speaks on debt ceiling negotiations NBC News
- Opinion | How to Use the Debt Ceiling to Inflict Cruelty on the Poor The New York Times
- The US debt ceiling crisis is more proof of Republicans’ cynicism and bad faith The Guardian
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
2 min
vs 3 min read
Condensed
79%
437 → 90 words
Want the full story? Read the original article
Read on CNBC