President Joe Biden finally changed his narrative on Monday by contacting House Speaker Kevin McCarthy (R-CA) to discuss coordinating a meeting for May 9 to discuss the debt ceiling and avert a default. The call contradicts the White House’s previous official position.
Tag: Debt Ceiling
Biden and McCarthy Met for the First Time Since The GOP Took Over the House.
On Wednesday, President Biden hosted House Speaker Kevin McCarthy at the White House to talk about raising the debt ceiling in a way that will please both parties.
Here Is The Impact Of Not Raising The Debt Ceiling
With the debt ceiling reached, the United States has begun extraordinary measures to avoid a default. These measures buy Congress five months to approve legislation increasing or suspending the debt limit.