5/23/2023, 2:27 AM (Source: TeleTrader)
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McCarthy wants debt ceiling talks with Biden until deal done

United States House Speaker Kevin McCarthy in a news conference after his meeting with US President Joe Biden said he assumes he will be meeting with the head of state until the two sides come to an agreement on raising the debt ceiling.

The speaker said that progress was made in areas where there were differences of opinion and noted that the tone of the discussion was better compared to previous meetings but that no agreement has been reached as of yet.

Additionally, McCarthy stated that a short-term debt extension would be seen as a failure, indicating a preference for a comprehensive agreement rather than a temporary solution.

Baha Breaking News (BBN) / NL