Debt ceiling deadline questioned by Republicans amidst potential trade-offs.
House Republicans are questioning the accuracy of the Treasury Department's June 1 deadline to avoid a potential US debt default, while debt ceiling negotiators are narrowing their focus to a smaller group of key issues that are ripe for compromise. The issues still on the table include reforms to energy permitting, new work requirements for some forms of federal aid, and the redistribution of unused Covid-19 emergency funds. House Republicans are urging the caucus to stick together and support the deal that House Speaker Kevin McCarthy eventually reaches, while President Joe Biden is hoping to reach a debt limit deal that would push the next deadline out past the 2024 presidential election.
