McCarthy: Debt deal needed next week to avoid default
Remarks come ahead of high-stakes meeting.
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Remarks come ahead of high-stakes meeting.
Virtually no one expected President Joe Biden and congressional leadership to strike a deal on raising the debt limit during their meeting at the White House this afternoon.
The country is nearing an unprecedented default on its debt.
House Speaker Kevin McCarthy said Tuesday after meeting with President Joe Biden and congressional leaders that he
Washington — President Joe Biden and congressional leaders confronted each other on the debt limit impasse Tuesday, ending their meeting with no breakthrough but agreeing to meet again this week to tr...