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Title : U.S. House Speaker Says The Two Sides Are 'Nowhere Near' A Deal That Would Avoid A U.S. Default
link : U.S. House Speaker Says The Two Sides Are 'Nowhere Near' A Deal That Would Avoid A U.S. Default

U.S. House Speaker Says The Two Sides Are 'Nowhere Near' A Deal That Would Avoid A U.S. Default

 

Daily Mail: McCarthy says Republicans are 'nowhere near' debt limit deal with Biden: Talks appear to stall YET AGAIN - as GOP tears into White House for trying to sneak in more taxes with nine days until default 

* Speaker McCarthy asked House Republicans to hang with him amid talks 

* McCarthy earlier reported progress with no sign of deal on caps, revenue 

* Negotiators met Tuesday; Yellen says default date could come June 1 

House Speaker Kevin McCarthy said Tuesday the two sides are 'nowhere near' a deal that would avoid a U.S. default, just hours after both he and President Joe Biden declared negotiators had made progress. 

Even as negotiators for the White House and the speaker's office sat down again in earnest Tuesday, the messaging war ramped up as McCarthy issued a memo titled 'reasonable Republicans and default Democrats' that blasted Biden for failing to engage in talks sooner. 'Make no mistake: any default would be the Biden Default,' he wrote.  

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href="https://www.dailymail.co.uk/news/article-12116131/McCarthy-says-Republicans-near-debt-limit-deal-Biden.html">Read more ....  

WNU Editor: The consequence on what may happen if the US not being able to pay their bills is hard to imagine. Tens of millions of Americans are dependent on their US pensions and support programs to survive. Cutting that off will be a disaster, and the social unrest that it will unleash will be massive.

 U.S. House Speaker Says The Two Sides Are 'Nowhere Near' A Deal That Would Avoid A U.S. Default  

Debt-Limit Talks Stall as Time Runs Short to Avert US Default -- Bloomberg  

White House, Republicans to talk US debt ceiling as default risk approaches -- Reuters  

McCarthy, Dems temper expectations on debt-ceiling deal -- The Hill  

Debt ceiling talks stuck on classic problem: Republicans demand spending cuts and Democrats resist -- AP

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