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Speaker Kevin McCarthy (R-CA) expressed disappointment that debt ceiling negotiators weren't able to "look at all" government spending, such as entitlements.
Speaker Kevin McCarthy's (R-CA) office released the full text of the compromise debt ceiling bill late Sunday, teeing up a likely Wednesday vote on its passage.
House Speaker Kevin McCarthy and US President Joe Biden have reached an agreement in principle to raise the government's debt ceiling.
If the United States defaults on its bills, a majority of voters will blame President Joe Biden more than congressional Republicans, according to a new poll.
The Treasury Department has reportedly been asking government agencies about the possibility of making payments later as the White House struggles to negotiate a debt ceiling bill.