Published 11 months ago

McCarthy predicts debt ceiling deal will pass U.S. House with Republican support

US President Joe Biden and House Speaker Kevin McCarthy reached a tentative debt-ceiling deal and expressed confidence that it will pass Congress, averting a historic US default.
The deal suspends the debt ceiling until January 2025, after the November 2024 presidential election, while boosting spending on the military and veterans' care, and capping it for many discretionary domestic programs.
Hard-Line Republicans and progressive Democrats have voiced opposition to the agreement, with members of the House Freedom Caucus vowing to try to prevent it from passing the House in a vote expected on Wednesday.

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Reuters

McCarthy, Biden predict Congress will pass debt ceiling deal

Moderates from both sides will have to support the bill, as any compromise will almost definitely lose the support of the far left and far right wings of each party, increasing the likelihood of a U.S. default.

11 months ago·United Kingdom

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Hindustan Times

Joe Biden, Kevin McCarthy confident of debt ceiling deal's approval in Congress

Biden and McCarthy sealed their bargain during a 90-minute phone call late Saturday, clearing the way for a push to shepherd the deal through Congress.

11 months ago·New Delhi, India

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abc News

Biden urges Congress to pass debt ceiling deal, as McCarthy predicts bipartisan majority will pass it

During remarks Sunday night, President Joe Biden urged both chambers of Congress to pass the debt ceiling agreement.

11 months ago·United States

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Irish Independent

President Joe Biden and Kevin McCarthy insist debt deal will pass through Congress

House Speaker Kevin McCarthy predicts that a majority of his fellow Republicans would support the deal to suspend the $31.4trn (€29trn) debt ceiling that he negotiated at the weekend with President Joe Biden.

11 months ago·Ireland

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KRDO

Biden and McCarthy lean on holdouts in both parties to pass debt ceiling deal

(CNN) — Party leaders in Washington are waging an urgent campaign Monday to convince Democrats and Republicans to get behind compromise legislation that would avert a first-ever national default, with each side proclaiming victory following marathon talks. Prospects for passage of the bill, based on the agreement struck between President Joe Biden and Republican House Speaker Kevin McCarthy, grew Sunday as many centrist Democrats fell in line an…

11 months ago·Colorado Springs, United States

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