Posted on 05/22/2023 8:20:13 PM PDT by SeekAndFind
It sounds like President Joe Biden and House Speaker Kevin McCarthy have resolved one crucial point on the debt negotiations. They’ve reached the most important agreement — they will avoid a default and take that option off the table.
They came together to list their points of agreement:
JUST IN: Pres. Biden outlines agreements and pain points in ongoing debt ceiling negotiations with House Speaker McCarthy: "We both agree default's not really on the table. We've got to get something done here." https://t.co/9q3mCFLnXe pic.twitter.com/cCVsPE3WSy
— ABC News (@ABC) May 22, 2023
That’s going to flip out the left who seemed set on driving us off a cliff. But it looks like now negotiations are moving forward.
Afterward, McCarthy told reporters early Monday afternoon that Biden would need a deal by “this week” in order for it to pass the House and Senate before the June 1 “X-date” when Treasury Secretary Jane Yellen has said the U.S. could default.
Yellen warned Sunday that June 1 is a “hard deadline” for raising the debt limit, and the possibility of making it to mid-June without default is “quite low.”
They’re still not there and it can still go south, but it looks now like things might be finally going in the right direction. They don’t have a lot of time left. They will also have to get the House and the Senate to pass whatever agreement they finally agree to—if they come to a deal.
This is a breaking story and RedState will keep you up to date with any new developments.
They’re still not there and it can still go south.
The Marxists need more money to expand their program they won’t back down it’s not going to end well.
Exactly. This is a bad look for The White Hospice but it won't last even one news cycle, because 90% of the US doesn't care about the National Debt.
The only thing in front of us is the inevitable Default. And the only way to eradicate that fault is to Xi-liminate the debt holder. And send Pooh's family the bill for good measure.
Milquetoast McCarthy caved. Wait for it. Then remember: I TOLD YOU SO.
where’s the j6 footage?
Calm down. Republicans will cave, McConnell already blew the whistle, that there will be no default.
I can’t tell by recent reporting whether this is true or not.
We’ll see come default day. In any case, you can’t keep borrowing your spending money for forever. After a while you have to live on the income that you have.
Cutting the rate of the increase in spending is only piling up more debt.
Both parties are at fault.
Reality is the powers behind the curtain want more debt, they need inflation to take root so they can pay the current 32 trillion of debt off with devalued dollars.
That in itself is a type of default. The populace will suffer greatly while the politicians and their investment bankers stay fat and warm.
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Do you think maybe this headline and posting have exceeded their shelf life?
Ploy. Dems play for keeps, don’t be stupid and take Bidens slurred words for anything
Who DIDN’T know Milquetoast McCarthy would cave?
Ok Kevin. Settle down. No one believes you anyway.
Yes it is. Milquetoast McCarthy caves every time. Every. Single. Time.
Kevin knows exactly how to handle the rope a dope negotiating done by the Dems.
He will let the default happen.
And watch then what happens.
There won’t be a safe place for any radical lefty Dem to hide in America.
Meanwhile Obiwan Renoobie, you can feel that the farce is indeed with you.
You're a fool, newb. You don't pay attention to who's side the media's on either. By the time they're done gaslighting the 'Murican People, they'll be blaming the Republicans and McCarthy all day long.
Problem for you is: McCarthy will cave. Always does, always will.
Next time you call someone a noobie, you’d best check their join date. Stupid newb.
A Kanoobie is not a noobie. Its a wanna be noob.
This thread hasn’t aged well…..
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