Time is running out for President Biden and Republican lawmakers to strike a deal to raise the debt limit before a June 1 deadline when the U.S. won't be able to pay all its bills, likely triggering an economic quake.
and Republican lawmakers to strike a deal to raise the debt limit before a June 5 deadline when the U.S. won’t be able to pay all its bills, likely triggering an economic quake.and House Republicans from fleeing Washington to enjoy the Memorial Day holiday weekend.
House lawmakers left town Thursday, though they could be called back with 24 hours’ notice if the negotiating teams reach an agreement to increase the U.S. government’s $31.4 trillion debt limit. Mr.is headed to Camp David on Friday and then to his Delaware home for the rest of the holiday weekend. Though the negotiating teams for the White House and House Republicans will work into the weekend, each side engaged in some vacation finger-pointing.
Rep. Barry Moore, Alabama Republican, said House Republicans have already done their job by passing a debt ceiling bill. He also noted that House Speaker Kevin McCarthy, California Republican, is sticking around to continue negotiations. “Speaker McCarthy and his negotiation team are staying in Washington this long weekend to get things done for the American people.Republican National Committee Chairman Ronna McDaniel said: “
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