Speaker McCarthy pressures Biden on debt ceiling
House Speaker Kevin McCarthy
The measure the House passed would require broad spending cuts in return for raising the nation's debt limit, and Biden says he won't entertain strings-attached bargaining to raise the limit.
House Speaker Kevin McCarthy Thursday escalated demands for President Joe Biden and Democrats to avoid a debt-ceiling crisis by embracing the plan that House Republicans passed the day before on party lines.
“The Senate’s done nothing,” McCarthy said in an interview with Bloomberg Televisio
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