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McCarthy says Congress will meet June 5
debt ceiling deadline

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Posted By: Dreadnought, 5/27/2023 2:23:40 PM

House Speaker Kevin McCarthy (R-Calif.) said Saturday that Congress will meet the deadline to raise the debt ceiling, acknowledging that no deal has been made but vowing an agreement will be reached in time to prevent a government default. Treasury Secretary Janet Yellen raised the stakes in the marathon negotiations on Friday, when she provided the first hard deadline for when the government will be unable to pay down all of its obligations: June 5. Asked if Congress can meet that deadline, McCarthy didn’t hesitate. “Yes,”

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Reply 1 - Posted by: stablemoney 5/27/2023 2:47:31 PM (No. 1478817)
Why should people be happy having the debt ceiling increased? Leave it where it is, and make the Congress meet the debt ceiling they passed. There is so much government waste that spending could be cut 25%, and only the grifters would notice.
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Reply 2 - Posted by: FJB 2022 23 24 5/27/2023 3:41:02 PM (No. 1478839)
Stand strong Kevin, Biden is betting you will cave, don't do it, put all the fault on him, where it belongs, if no agreement reached by then. He is screwing with the taxpapers, and doing his best to scare the hell out of people who only have SS to live on. Biden can't go to hell soon enough!
4 people like this.

Reply 3 - Posted by: Califedup 5/27/2023 5:21:37 PM (No. 1478896)
This is all a steaming load of BS designed to once again treat We, the people as gullible, stupid, marks by the traitorous republicans who are acting like they are really, really cutting spending with this Kabuki Theatre Debt Ceiling garbage. They are slowing the rate of spending not really cutting spending. If one was really stopping spending then why the need to raise the debt ceiling. The real reform is no more deficit spending. Spend only the money you take in from taxes and revenue or better yet show a surplus every year. McCarthy is and always will be part of the unholy corruption and rot that is our Congress today. Don't be fooled by this shellac head rhino. Damn the republicans for being so dishonest and greedy.
1 person likes this.

Reply 4 - Posted by: watashiyo 5/28/2023 5:56:05 AM (No. 1479173)
June 5, or 10th, the results will still be the same. Both sides keep flinching and the red line keeps moving.
1 person likes this.

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