U.S. House Speaker Kevin McCarthy said on Thursday that Republicans could act on their own to address the federal government's debt ceiling, after months of demands that President Joe Biden first agree to spending cuts went nowhere.
In the latest sign of growing Republican exasperation over Biden's refusal to negotiate a deal on spending in exchange for a debt ceiling hike, McCarthy said his party is close to agreeing on a package that could pass the House of Representatives without participation from the president or Democrats in Congress."We have been reasonable, responsible, asked to sit down with the president for months. He has made the decision that he wants to put the economy in jeopardy.
House action on a Republican-only package could be symbolic at best, if the proposal failed to pass the Democratic-controlled Senate. Biden has responded by demanding that lawmakers address the borrowing limit first without strings attached. He has also called on House Republicans to produce their own fiscal 2024 budget, which remains weeks - if not months - away.
Polling shows Americans support using the debt ceiling talks to address the deficit - but prefer Biden's path of higher taxes.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Gavin Newsom Tweets 1 Scathing Word About Kevin McCarthy's School Shooting SilenceA video of the Republican House speaker drew a blistering response from California's Democratic governor.
Read more »
White House hits back at McCarthy dig at Biden's age: 'Able to pick out his own Starbucks'.PressSec hit back at SpeakerMcCarthy after he indirectly criticized POTUS's age, saying he would bring 'soft food' to Biden if he were invited to discuss the debt ceiling. 'I think the president is able to pick out his own Starbucks,' KJP said.
Read more »
White House says Biden would veto bill to overturn D.C. police reform after House Dem uproarBiden will veto a GOP-led resolution overturning a local D.C. police reform law if Congress passes it, the White House said.
Read more »
House Republicans say Hunter Biden associate's reported visits to White House 'under strict review'House Republicans are sounding off on reports of a business associate of Hunter Biden, Rob Walker, visiting the White House 16 times while POTUS served as VP. GOPoversight Chair JamesComer said the report was 'no surprise.'
Read more »
Biden pushes for Republican proposal in U.S. debt-ceiling standoffDemocratic U.S. President Joe Biden on Tuesday called on House Speaker Kevin McCarthy to outline this week the spending cuts Republicans want in exchange for votes to raise the government's debt ceiling.
Read more »