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[ad_1] In a statement, the White House called the meeting a “frank and straightforward dialogue” that represented the first of many conversations. “President Biden made clear that, as every other leader in both parties in Congress has affirmed, it is their shared duty not to allow an unprecedented and economically catastrophic default,” the White House…
[ad_1] “It is our hope that these conversations result in good faith negotiations that avoid the partisan standoffs of the past,” the group said. [ad_2] #House #Blue #Dog #Coalition #avoid #partisan #standoffs #prior #debt #ceiling #fights #ready ( With inputs from : www.politico.com )
[ad_1] “Unfortunately, [McCarthy] let a group of very extreme people, he gave them the tools” to wield power, Schumer said in an interview. “The plan is to get our Republican colleagues in the House to understand they’re flirting with disaster and hurting the American people. And to let the American people understand that as well….
[ad_1] McCarthy has taken the opportunity to attempt to force government spending cuts; the U.S. needs to both lift the nation’s debt ceiling and “take control of this runaway spending,” McCarthy told host Margaret Brennan on Sunday. The Biden administration has argued Congress has the responsibility to pass a debt limit increase without conditions attached,…
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[ad_1] “There’s the potential for it to be very bad,” said Kamin, who did a stint as a top Biden economic staffer before returning to academia last year. “We’re back here, and there’s a real risk to the economy on the line.” Kamin isn’t the only one struck by a foreboding sense of déjà vu….
[ad_1] Most congressional Democrats say there’s nothing to negotiate. [ad_2] #Democratic #leaders #skewering #Kevin #McCarthy #debt #ceiling #position #Joe #Manchin #meeting ( With inputs from : www.politico.com )
[ad_1] The stalemate over the nation’s debt ceiling was a prime example of how the shift in congressional power could shape the rest of Biden’s term, as Republican lawmakers push for spending cuts before agreeing to Democrats’ requests to increase the debt limit. At the start of the meeting, Biden said: “I have no intention…
[ad_1] No date has been set for the Biden-McCarthy meeting. “I’m optimistic they will sit down, as this White House always has, and that’s why we were able to accomplish so much in a bipartisan way last Congress. It takes constructive conversation,” Rep. Josh Gottheimer (D-N.J.) said on “Fox News Sunday.” “There’s things that are…
[ad_1] But Biden’s remarks set off a back-and-forth later in the day that underscored the deep divide between the White House and House Republicans over how to approach the debt ceiling discussions. McCarthy tweeted shortly afterward that he would accept a request to meet “and discuss a responsible debt ceiling increase to address irresponsible government…