McCarthy says House could vote on debt ceiling deal as soon as next week

Speaker of the House Kevin McCarthy, R-Calif., conducts a information convention with home and senate Republicans on the “debt disaster,” on the west plaza of the U.S. Capitol on Wednesday, May 17, 2023. 

Tom Williams | Cq-roll Call, Inc. | Getty Images

WASHINGTON — House Speaker Kevin McCarthy mentioned Thursday that he’s optimistic that congressional negotiators could attain a deal to lift or droop the debt ceiling in time to carry a House vote on it next week.

“I see the trail that we are able to come to an settlement,” McCarthy instructed reporters within the Capitol. “And I believe now we have a construction now and everyone’s working exhausting, and I imply, we’re working two or 3 times a day, then going again getting extra numbers.”

McCarthy spoke as a small group of White House negotiators met on Capitol Hill with McCarthy’s staff to hammer out a deal that is in a position to cross the Republican majority House and the Democratic managed Senate forward of a possible June 1 deadline, the soonest date the Treasury could run out of money to pay money owed already incurred.

“I simply consider the place we have been a week in the past and the place we’re at the moment is a significantly better place, as a result of we have got the appropriate folks within the room discussing it in a really skilled method, with all of the information, all of the background from all of the totally different leaders,” McCarthy added, in accordance with a number of reporters current.

This week, the White House dispatched two new negotiators to steer the fragile talks, presidential counselor Steve Ricchetti and Office of Management and Budget director Shalanda Young.

This is breaking information. Please examine again for updates.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *