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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us, debt ceiling, default, us dollar, dedollarization, joe biden, patrick mchenry, democrats vs republicans
us, debt ceiling, default, us dollar, dedollarization, joe biden, patrick mchenry, democrats vs republicans
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.
