McCarthy, Biden President Joe Biden was caught off guard by House Speaker Kevin McCarthy’s (R-CA) success in getting a debt ceiling bill passed through the House, according to Politico .
The Limit, Save, Grow Act passed the House on Wednesday with no Democrat support. This legislation would lift the debt ceiling through early next year while saving the government an estimated $4.8 trillion over the next ten years.
On the other hand, Biden has repeatedly refused to negotiate with McCarthy and House Republicans on the debt limit. Instead, Democrats like Sen. Chuck Schumer (D-NY) and Biden want a “clean” debt ceiling increase, which means they want to raise it without the spending reductions House Republicans want.
Despite Democrats’ public statements that they are winning the messaging war over the debt ceiling issue, they have “private concerns over how this all ultimately ends — and what damage the standoff may do to a […]
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