'I think he negotiated with me in good faith,' Biden said of McCarthy on Sunday. 'He kept his word. He said what he would do. He did what he said he would do.'
U.S. President Joe Biden hosts debt limit talks with House Speaker Kevin McCarthy in the Oval Office at the White House in Washington, U.S., May 22, 2023.When Kevin McCarthy was struggling early this year to get enough votes from his own Republicans to become Speaker of the House of Representatives, Democratic President Joe Biden called the prolonged saga a national embarrassment, then had a little fun.
In the last few weeks, however, both men have stopped the put-downs and cobbled together an agreement that will now lead to a congressional vote to suspend the U.S. debt ceiling and avoid a default that would wreak economic havoc on the country. Although he initially called for the debt ceiling to be raised without negotiations, he ended up making compromises.
Both McCarthy and Biden spent that time accusing the other of putting the U.S. economy at risk. McCarthy complained of his own isolation from the White House. But his tone changed as both sides moved toward a deal last week, expressing his respect for White House negotiators: "These are highly intelligent, highly respected on both sides. They know their work, they know their job, they know the numbers."
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Biden and McCarthy to complete debt ceiling agreement Sunday, Jeffries tells DemocratsPresident Biden and Speaker McCarthy will speak this afternoon to complete the debt ceiling agreement, and then the legislative bill will be released by Republicans, House Minority Leader Jeffries says.
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Biden and McCarthy's bumpy journey to a debt ceiling dealWhen Kevin McCarthy was struggling early this year to get enough votes from his own Republicans to become Speaker of the House of Representatives, Democratic President Joe Biden called the prolonged saga a national embarrassment, then had a little fun.
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Biden, McCarthy speak on debt ceiling deal, differences remainHouse Speaker Kevin McCarthy said there was progress in talks with President Joe Biden on raising the government’s debt ceiling as the nation faces risk of default in little more than a week
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Biden, McCarthy agree to talk on debt crisis, speaker says negotiators 'closer to an agreement'President Joe Biden and House Speaker Kevin McCarthy agreed to speak Saturday evening as they race to strike an agreement that would resolve the looming debt crisis ahead of a June 5 deadline to avert a catastrophic U.S. default. Biden spoke earlier in the day with the Democratic leaders in Congress to discuss the status of the talks, according to two people familiar with the situation and granted anonymity to discuss it. The Republican speaker gathered top allies behind closed doors at the Capitol as negotiators pushed for a deal that would raise the nation’s borrowing limit and avoid a catastrophic default, while also making spending cuts that House Republicans are demanding.
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Biden, McCarthy speak on debt crisis, one GOP negotiator says ‘thorny issues’ remainBoth sides raced to strike an agreement that would resolve the looming debt crisis ahead of a June 5 deadline and avert a catastrophic U.S. default.
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President Biden, House Speaker Kevin McCarthy strike tentative debt ceiling dealPresident Biden and House Speaker Kevin McCarthy have struck a tentative deal to raise the debt ceiling on Saturday night, sources close to the talks have said. The deal to raise the government&82…
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