Quotes: What Biden, McCarthy, McConnell said about the US debt ceiling
newscatcher
2023-05-10 04:30
Quotes: What Biden, McCarthy, McConnell said about the US debt ceiling
WASHINGTON (Reuters) – President Joe Biden and top Republican lawmakers met face-to-face on Tuesday as a deadlock over raising the $31.4 trillion U.S. debt limit threatened to push the country into an unprecedented default in as soon as three weeks if Congress does not act. Biden is calling on lawmakers to raise the federal government's self-imposed borrowing limit without conditions. Republican House Speaker Kevin McCarthy has said his chamber will not approve any deal that doesn't cut spending to address a growing budget deficit.

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