House and Senate lawmakers left the Capitol this week with no deal on how to avert a debt default. But facing a deadline that’s just three weeks away, some said they are beginning to see small signs of progress.
downplaying a default. But McCarthy — a Trump ally who has worked to remain in his good graces — isn’t budging on his refusal to extend the debt limit without conditions, even as he says he doesn’t want to see the country default.“We’re going to pass a clean debt ceiling. We are going to avoid default. And we will engage in conversations about budget and spending and the appropriate path forward. That is my earnest hope,” Sen. Chris Coons, D-Del.
Moderator Kaitlan Collins told Trump that he once spoke out against using the debt limit as a negotiating wedge. “Sure, that’s when I was president,” Trump replied, adding that this time it’s different “because now I’m not president.” “I’ve watched President Biden not want a deal and want default,” McCarthy told reporters in the Capitol. House Republicans are “the only ones who’ve raised the debt limit."
A big challenge in any deal will be for McCarthy to keep his Republican members in line, particularly the 20 rabble-rousers who tried to block him from becoming speaker and ultimately relented after they secured a rule change under which any member canRep. Ralph Norman, R-S.C., an ultraconservative lawmaker who pushed for a debt limit standoff, said the solution is for Senate Democrats and Biden to “accept what we sent them” and pass the House GOP bill as is.
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