McCarthy risks US default with solo debt ceiling plan.
TL;DR Summary
House Speaker Kevin McCarthy said that House Republicans are ready to raise the debt limit on their own if President Biden doesn't return to the negotiating table. McCarthy cited proposals he made in a letter to Biden on Tuesday requesting a meeting as examples of spending cuts that could be tied to a debt ceiling measure. With a five-vote margin in the House and Democrats controlling the Senate and White House, it will be difficult for House Republicans' debt ceiling legislation to become law.
- McCarthy threatens to go it alone on debt ceiling Axios
- House GOP prepared to move a fallback debt limit plan if White House refuses to negotiate CNN
- As debt ceiling talks stall, Speaker McCarthy says GOP may move its own bill NPR
- Why the debt ceiling fight remains a no-win for Kevin McCarthy MSNBC
- Kevin McCarthy Is Propelling the US Toward Default Bloomberg
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