"I believe we can get a deal done," House Speaker McCarthy told reporters. While acknowledging areas of disagreement, Mr Biden said a default was "off the table". The debt ceiling is a spending ...

US House Speaker Kevin McCarthy has said he is confident a deal to raise the US government debt ceiling will be reached by the 5 June deadline. He said there had been progress in negotiations ...

President Biden and House Speaker Kevin McCarthy (R-Calif.) reached a tentative deal on raising the nation's $31.4 trillion debt limit, giving Congress time to pass it before June 5, when the ...

Just months later, McCarthy is facing a growing chorus of angry voices from that same far-right faction — and beyond — that not only threatenes to scuttle a nascent debt ceiling deal he and ...

The White House and House Speaker Kevin McCarthy have reached an agreement in principle on a deal to raise the debt ceiling, a breakthrough that helps move the country away from a historic ...

such as keeping the government funded and raising the debt ceiling. Gaetz – who on Wednesday became Trump's nominee for attorney general – used the tool to call a vote on McCarthy's ...

But the aftermath of the debt ceiling deal is coming into focus: The hard-right flank that helped put the speaker in power five months ago is not done with McCarthy yet. “I enjoy this conflict ...

Speaker of the House Kevin McCarthy has started laying out the stakes for Americans in his desired debt ceiling deal. On Monday, the speaker delivered remarks at the New York Stock Exchange on the ...

WASHINGTON--Veering away from a default crisis, the House approved a debt ceiling and ... into the night to strike the deal with the White House, and for days McCarthy has worked to build support ...

McCarthy faces a hard-right flank that is likely to reject any deal, which has led some Democrats encouraging Biden to resist any compromise with the Republicans and simply raise the debt ceiling ...