As the nation barrels toward defaulting on our debt, House Speaker Kevin McCarthy said Saturday that negotiations are on pause until President Joe Biden returns Sunday from the Group of Seven summit in Japan. Both sides are accusing the other of being intractable in negotiations over raising the debt ceiling, which Treasury Secretary Janet Yellen says we could hit as soon as June 1, causing “economic chaos.”Read More
Who Will Blink First? McCarthy Says No Debt Ceiling Negotiations Until Biden Returns from Japan Summit
