The Financial Horizons
No Result
View All Result
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
  • Latest News
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
  • Latest News
No Result
View All Result
The Financial Horizons
No Result
View All Result
Home Latest News

McCarthy announces ‘productive’ budget call with Biden, says they will meet ‘personally’

by
May 22, 2023
in Latest News
0
McCarthy announces ‘productive’ budget call with Biden, says they will meet ‘personally’
0
SHARES
7
VIEWS
Share on FacebookShare on Twitter

House Speaker Kevin McCarthy, R-Calif., will meet with President Biden on Monday to continue negotiations on raising the debt ceiling, McCarthy announced Sunday.

Biden and McCarthy spoke on the phone Sunday and had a ‘productive’ conversation, McCarthy said, despite throwing barbs at one another in public statements. Biden has stated that the current Republican offer is ‘unacceptable’ and complained that McCarthy has been dragged to the right by ‘MAGA Republicans.’ McCarthy, meanwhile, has claimed the opposite.

‘I just finished a phone call with the president,’ McCarthy told reporters. ‘I believe it was a productive phone call.’

Biden is currently on his way back to Washington after attending meetings with G-7 nations in Hiroshima, Japan. McCarthy says he told the president to get some sleep and get briefed up on the current state of negotiations after being absent during the international trip.

McCarthy says he and Biden will meet ‘personally’ on Monday.

‘I told him, we don’t have to meet in the morning. You know, let’s have some sleep. And then we agreed that he and I are going to get together tomorrow, later in the afternoon, and work out that time to see what we can come to,’ McCarthy said.

Biden has 11 days to come to an agreement with House Republicans before the U.S. defaults on its debt for the first time in history. Biden appeared to wash his hands of the issue in a statement to reporters in Japan, however, saying, ‘I’ve done my part,’ and declaring himself ‘blameless’ if there is a default.

The White House claims some ‘MAGA Republicans’ are working to intentionally derail negotiations and cause a default, which would lead to economic disaster and potentially harm Biden’s re-election effort.

Meanwhile, McCarthy has argued the opposite, saying the president is in the thrall of left-wing Democrats.

‘The president has really shifted right after the more progressive socialist wing of the party stood up and says they want to spend more money,’ McCarthy told Fox News host Maria Bartiromo on Sunday. ‘He’s now bringing something to the table that everyone said was off the table. It seems as though he wants default more than he wants a deal. That’s not where I’m at, and the one thing you know… about me, Maria, I will never give up.’

Anders Hagstrom is a reporter with Fox News Digital covering national politics and major breaking news events. Send tips to Anders.Hagstrom@Fox.com, or on Twitter: @Hagstrom_Anders.

This post appeared first on FOX NEWS
Previous Post

NYC Mayor Adams: Migrants should be sent to every city ‘throughout the entire country’

Next Post

Dem senator praises Feinstein’s ‘energy’ and ‘concentration’ despite slew of missed votes, absences

Next Post
Dem senator praises Feinstein’s ‘energy’ and ‘concentration’ despite slew of missed votes, absences

Dem senator praises Feinstein’s ‘energy’ and ‘concentration’ despite slew of missed votes, absences

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent News

    GOP senator demands FBI probe Biden-era vetting process for Boulder terror suspect: ‘Under attack’

    GOP senator demands FBI probe Biden-era vetting process for Boulder terror suspect: ‘Under attack’

    June 2, 2025
    Trump admin asks SCOTUS to allow it to move forward with plans to slash federal workforce

    Trump admin asks SCOTUS to allow it to move forward with plans to slash federal workforce

    June 2, 2025
    Sens Fetterman and McCormick show Washington how to work together again

    Sens Fetterman and McCormick show Washington how to work together again

    June 2, 2025
    Fetterman defies ‘punitive’ punishment for breaking with Democratic Party during bipartisan discussion

    Fetterman defies ‘punitive’ punishment for breaking with Democratic Party during bipartisan discussion

    June 2, 2025
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: Thefinancialhorizons.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 thefinancialhorizons.com | All Rights Reserved

    No Result
    View All Result
    • Investing
    • Stock
    • Economy
    • Editor’s Pick
    • Latest News

    Disclaimer: Thefinancialhorizons.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 thefinancialhorizons.com | All Rights Reserved