×
Newsmax TV & Webwww.newsmax.comFREE - In Google Play
VIEW
×
Newsmax TV & Webwww.newsmax.comFREE - On the App Store
VIEW
Skip to main content
Tags: debt ceiling | talks | house | speaker | mccarthy

McCarthy: Too 'Far Apart' for Debt Deal by Weekend

By    |   Monday, 15 May 2023 02:37 PM EDT

House Speaker Kevin McCarthy, R-Calif., blasted President Joe Biden for being disingenuous and failing to negotiate on the House-passed debt ceiling package, saying time is running out and Biden wants debt default more than a deal.

"I still think it's far apart," McCarthy told a reporter Monday while walking through the Capitol Building. "It doesn't seem to me yet they want a deal. It just seems like they want to look like they are in a meeting, but they aren't talking anything serious."

McCarthy cited the nonpartisan Congressional Budget Office report released recently that was forced to raise the debt estimates from the February report.

"In the meantime, we just watched the CBO come out and say we're $100 billion further in debt," McCarthy said. "It seems more like they want a default than a deal to me."

Time is running out to reach a deal before the June warning of surpassing the debt limit and sending the U.S. into debt default for the first time.

"I think we've got to have a deal done by this weekend to have a timeline to be able to pass it in both houses," McCarthy said.

Eric Mack

Eric Mack has been a writer and editor at Newsmax since 2016. He is a 1998 Syracuse University journalism graduate and a New York Press Association award-winning writer.

© 2024 Newsmax. All rights reserved.


Newsfront
House Speaker Kevin McCarthy, R-Calif., blasted President Joe Biden for being disingenuous and failing to negotiate on the House-passed debt ceiling package, saying time is running out and that Biden wants debt default more than a deal.
debt ceiling, talks, house, speaker, mccarthy
193
2023-37-15
Monday, 15 May 2023 02:37 PM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
TOP

Interest-Based Advertising | Do not sell or share my personal information

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved
Download the NewsmaxTV App
Get the NewsmaxTV App for iOS Get the NewsmaxTV App for Android Scan QR code to get the NewsmaxTV App
NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved