McCarthy says he will meet Biden again on U.S. debt ceiling

  • In Politics
  • 2023-02-02 18:59:08Z
  • By Reuters

WASHINGTON (Reuters) - Republican U.S. House of Representatives Speaker Kevin McCarthy said on Thursday that he and President Joe Biden have agreed to meet again for talks on raising the U.S. government borrowing limit.

Biden and McCarthy held initial talks on Wednesday in a first test of how the two could work together. The pair spoke again on Thursday at the National Prayer Breakfast, where they sat together.

"He'll give me a call in a couple days to set up the next meeting," the California Republican told reporters. "We're going to meet again about the debt ceiling and ways that we can find ways for savings and put ourselves on a path to balance."

The U.S. government neared its $31.4 trillion debt ceiling earlier this month, prompting the Treasury to warn that it may not be able to stave off default past early June.

Biden and the White House had refused to negotiate with Republicans over the debt spending, saying it was the responsibility of Congress to address the issue.

But after Wednesday's meeting, McCarthy said he felt they could find common ground, and the White House said Biden had told McCarthy he was eager to work with Republicans "in good faith."

On Thursday, McCarthy stressed that a debt ceiling solution would need to include spending reforms. "At the end of the day, we're going to get spending reforms," McCarthy said. "You do not lift the debt ceiling without changing your behavior."

(Reporting by David Morgan, Katharine Jackson and Susan Heavey; Editing by Alistair Bell)


More Related News

Biden's appeals court nominee faces rare Democratic scrutiny
  • US
  • 2023-03-20 09:28:43Z

One of President Joe Biden's nominees to a federal appeals court has generated rare concern from some Democrats and outside groups over his signature on a...

Kevin McCarthy Says People Shouldn
Kevin McCarthy Says People Shouldn't Protest If Trump's Indicted

"He's not talking in a harmful way, and nobody should," the House Speaker said.

McCarthy says Americans should not protest if Trump is indicted
McCarthy says Americans should not protest if Trump is indicted

ORLANDO, Florida - House Speaker Kevin McCarthy urged calm Sunday and said Americans should not protest if former President Donald Trump is indicted and...

US House Speaker McCarthy says he told Biden lack of debt talks jeopardizes economy
US House Speaker McCarthy says he told Biden lack of debt talks jeopardizes economy
  • US
  • 2023-03-20 00:46:14Z

U.S. House Speaker Kevin McCarthy said on Sunday that he confronted President Joe Biden about a lack of negotiations on the $31.4 trillion U.S. debt ceiling ...

Biden calls Israel
Biden calls Israel's Netanyahu with judicial plan 'concern'
  • World
  • 2023-03-19 21:42:05Z

President Joe Biden spoke Sunday with Israeli Prime Minister Benjamin Netanyahu to "express concern" over his government's planned overhaul of the country's ...

Leave a Comment

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

Cancel reply


  • Deepak Kumar
    (2023-02-03 05:24:25Z)

    This is great information for me. I think no one can give me complete information. Thanks!


Top News: Politics