Biden and McCarthy Square Off Over the Debt Ceiling

March 06, 2023

House Speaker Kevin McCarthy (R-CA) called on Democrats to begin talks immediately on raising the debt ceiling, a critical requirement that Republicans plan to use as leverage in their effort to slash federal spending. “Who wants to put the nation through some type of threat at the last minute with the debt ceiling? Speaking to reporters Tuesday, White House Press Secretary Karine Jean-Pierre reiterated the administration’s position on the matter. “As President Biden has made clear, Congress must deal with the debt limit and must do so without conditions,” she said. “That’s advice for House Republicans to contemplate as they gear up for a high-stakes showdown with President Biden over raising the federal borrowing limit.”Like what you're reading?