McCarthy: Progress on debt talks

House negotiators said they've made progress on talks to raise the nation's debt ceiling but more work remains.


National News

May 26, 2023 - 2:38 PM

The U.S. Capitol building in Washington, D.C. Photo by Dreamstime / TNS

WASHINGTON (AP) — House negotiators are making progress toward an agreement with the White House to raise the nation’s debt ceiling, racing to close out a deal ahead of a looming deadline to avert a potentially catastrophic government default, Republican Speaker Kevin McCarthy said Friday.

But McCarthy told reporters at the Capitol there was still more work to do.

“I thought we made progress last night, we’ve got to make more progress now,” he said. “Now we’ve got a short timeframe.”

May 25, 2023
May 19, 2023
December 8, 2021
June 20, 2019