https://sputnikglobe.com/20230527/republican-debt-ceiling-negotiator-says-deal-expected-in-hours-or-days-1110641092.html
Republican Debt Ceiling Negotiator Says Deal Expected in 'Hours or Days'
Republican Debt Ceiling Negotiator Says Deal Expected in 'Hours or Days'
Sputnik International
Patrick McHenry, a Republican negotiator in US debt ceiling talks with the White House, said on Saturday that a deal on raising the government's borrowing limit could come in hours or days.
2023-05-27T16:37+0000
2023-05-27T16:37+0000
2023-05-27T16:38+0000
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"It's hours or days, and I don't know when," the North Carolina representative told reporters in Washington. Republicans in Congress have been pushing for spending cuts in exchange for raising the $31.4 trillion debt ceiling. McHenry said the list of issues still to be dealt with had been whittled down to just a few. "We've had a long list for a long time. What I didn't anticipate is we'd have a very short list for a very long time," he said. Treasury Secretary Janet Yellen announced on Friday that the deadline for congressional leaders to reach a compromise was pushed back to June 5. She warned that the US risked running out of cash to pay the bills if no agreement was reached.
https://sputnikglobe.com/20230526/the-final-countdown-goldman-sachs-economists-expect-us-default-by-june-9-1110611592.html
https://sputnikglobe.com/20230523/are-you-worried-about-the-stand-off-over-the-us-debt-ceiling-1110539119.html
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Republican Debt Ceiling Negotiator Says Deal Expected in 'Hours or Days'
16:37 GMT 27.05.2023 (Updated: 16:38 GMT 27.05.2023) MOSCOW (Sputnik) - Patrick McHenry, a Republican negotiator in US debt ceiling talks with the White House, said on Saturday that a deal on raising the government's borrowing limit could come in hours or days.
"It's hours or days, and I don't know when," the North Carolina representative told reporters in Washington.
Republicans in Congress have been pushing for spending cuts in exchange for raising the $31.4 trillion
debt ceiling. McHenry said the list of issues still to be dealt with had been whittled down to just a few.
"We've had a long list for a long time. What I didn't anticipate is we'd have a very short list for a very long time," he said.
Treasury Secretary Janet Yellen
announced on Friday that the deadline for congressional leaders to reach a compromise was pushed back to June 5. She warned that the US risked running out of cash to pay the bills if no agreement was reached.