Joe.My.God. LGBT News
Axios reports:
President Biden has called the four House and Senate leaders proposing a May 9 meeting on the debt ceiling. The Department of the Treasury and Congressional Budget Office said Monday the U.S. may stop being able to pay off its debts as soon as early June – a startlingly short timeline to reach a resolution.
Senate Majority Leader Chuck Schumer (D-N.Y.) and House Minority Leader Hakeem Jeffries (D-N.Y.) signaled in a statement that they are standing firm in their demand for a clean debt ceiling increase.
“We do not have the luxury of waiting until June 1 to come together [and] pass a clean bill to avoid a default,” they said, adding that Republicans “cannot allow right-wing extremism to hold our nation hostage.”
Read the full article.
President Biden called the four congressional leaders Monday afternoon and invited them to a May 9 meeting on the debt ceiling, according to three people familiar with the calls. https://t.co/gtem1D6VJk
— CBS News (@CBSNews) May 1, 2023
Thune told me there isn’t a scenario where the Senate GOP would cut a deal with Democrats without consent from McCarthy.
“This deal has got to be between Biden and McCarthy. There’s no other way that something gets 60 votes in the Senate.”
— Manu Raju (@mkraju) May 1, 2023